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CA Foundation Exam  >  CA Foundation Tests  >  Principles and Practice of Accounting  >  Test: Accounting As A Measurement Discipline - 2 - CA Foundation MCQ

Test: Accounting As A Measurement Discipline - 2 - CA Foundation MCQ


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8 Questions MCQ Test Principles and Practice of Accounting - Test: Accounting As A Measurement Discipline - 2

Test: Accounting As A Measurement Discipline - 2 for CA Foundation 2024 is part of Principles and Practice of Accounting preparation. The Test: Accounting As A Measurement Discipline - 2 questions and answers have been prepared according to the CA Foundation exam syllabus.The Test: Accounting As A Measurement Discipline - 2 MCQs are made for CA Foundation 2024 Exam. Find important definitions, questions, notes, meanings, examples, exercises, MCQs and online tests for Test: Accounting As A Measurement Discipline - 2 below.
Solutions of Test: Accounting As A Measurement Discipline - 2 questions in English are available as part of our Principles and Practice of Accounting for CA Foundation & Test: Accounting As A Measurement Discipline - 2 solutions in Hindi for Principles and Practice of Accounting course. Download more important topics, notes, lectures and mock test series for CA Foundation Exam by signing up for free. Attempt Test: Accounting As A Measurement Discipline - 2 | 8 questions in 10 minutes | Mock test for CA Foundation preparation | Free important questions MCQ to study Principles and Practice of Accounting for CA Foundation Exam | Download free PDF with solutions
Test: Accounting As A Measurement Discipline - 2 - Question 1
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​Measurement discipline deals with

Test: Accounting As A Measurement Discipline - 2 - Question 2
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All of the following are valuation principles except

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Test: Accounting As A Measurement Discipline - 2 - Question 3
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As on 31st March, 2006, if the company values the machinery

At Rs. 11,00,000, which of the following valuation principle is being followed?

Test: Accounting As A Measurement Discipline - 2 - Question 4
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The debts, which are to be repaid within a short period (year or less) are known as
Test: Accounting As A Measurement Discipline - 2 - Question 5
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Mohan purchased a machinery amounting Rs. 10,00,000 on 1st April, 2000. On 31st March, 2006 The similar machinery could be purchased for Rs. 20,00,000 but the realizable value of the machinery (purchased on 1.4.2000) was estimated at Rs. 15,00,000. The present discounted value of the future net cash inflows that the machinery was expected to generate in the normal course of business, was calculated as Rs. 12,00,000.

Q. The current cost of the machinery is
Test: Accounting As A Measurement Discipline - 2 - Question 6
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Mohan purchased a machinery amounting Rs. 10,00,000 on 1st April, 2000. On 31st March, 2006 The similar machinery could be purchased for Rs. 20,00,000 but the realizable value of the machinery (purchased on 1.4.2000) was estimated at Rs. 15,00,000. The present discounted value of the future net cash inflows that the machinery was expected to generate in the normal course of business, was calculated as Rs. 12,00,000.

Q.The present value of machinery is
Test: Accounting As A Measurement Discipline - 2 - Question 7
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Mohan purchased a machinery amounting Rs. 10,00,000 on 1st April, 2000. On 31st March, 2006 The similar machinery could be purchased for Rs. 20,00,000 but the realizable value of the machinery (purchased on 1.4.2000) was estimated at Rs. 15,00,000. The present discounted value of the future net cash inflows that the machinery was expected to generate in the normal course of business, was calculated as Rs. 12,00,000.

Q.
The historical cost of machinery is
Test: Accounting As A Measurement Discipline - 2 - Question 8
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Mohan purchased a machinery amounting Rs. 10,00,000 on 1st April, 2000. On 31st March, 2006 The similar machinery could be purchased for Rs. 20,00,000 but the realizable value of the machinery (purchased on 1.4.2000) was estimated at Rs. 15,00,000. The present discounted value of the future net cash inflows that the machinery was expected to generate in the normal course of business, was calculated as Rs. 12,00,000.

Q.
The realizable value of machinery is 
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