- A. Current assets
- B. Fixed assets
- C. Intangible assets
- D. Investments
Question: Commerce
The assets that can be converted into cash within a short period (i.e. 1 year or less) are known as
- A. Current assets
- B. Fixed assets
- C. Intangible assets
- D. Investments
The long term assets that have no physical existence but are rights that have value is known as?
- A. Current assets
- B. Fixed assets
- C. Intangible assets
- D. Investments
Accounting provides information on?
- A. Cost and income for managers
- B. Company’s tax liability for a particular year
- C. Financial conditions of an institutions
- D. All of the above
Cost classification can be done in ?
A. two ways
B. three ways
C. four ways
D. several ways