Courses

# Accounting As A Measurement Discipline Valuation Principles, Accounting Estimates

## 8 Questions MCQ Test | Accounting As A Measurement Discipline Valuation Principles, Accounting Estimates

Description
This mock test of Accounting As A Measurement Discipline Valuation Principles, Accounting Estimates for helps you for every entrance exam. This contains 8 Multiple Choice Questions for Accounting As A Measurement Discipline Valuation Principles, Accounting Estimates (mcq) to study with solutions a complete question bank. The solved questions answers in this Accounting As A Measurement Discipline Valuation Principles, Accounting Estimates quiz give you a good mix of easy questions and tough questions. students definitely take this Accounting As A Measurement Discipline Valuation Principles, Accounting Estimates exercise for a better result in the exam. You can find other Accounting As A Measurement Discipline Valuation Principles, Accounting Estimates extra questions, long questions & short questions for on EduRev as well by searching above.
QUESTION: 1

Solution:
QUESTION: 2

Solution:
QUESTION: 3

### Gross book value of a fixed asset is its :        [2007 – May]

Solution:
QUESTION: 4

ABC Ltd. Purchased a building by paying Rs..50,00,000 as on 1st April, 2000. On 1st April,2007 it found that it would cost Rs..1,50,000 to purchase the similar building. This value of Rs..1,50,000 is known as :   [2007 – August]

Solution:
QUESTION: 5

Change in accounting estimate means:       [2007 – November]

Solution:
QUESTION: 6

There are ______ generally accepted measurement bases or valuation principles:   [2008 – February]

Solution:
QUESTION: 7

All of the following are valuation principles except:      [2008 – June]

Solution:
QUESTION: 8

Historical cost concept requires the recording of an asset:     [2012 – June]

Solution: