Questions › Category: Financial and Management AccountingFilter:AllOpenResolvedClosedUnansweredSort byViewsAnswersVotesAssessment of depreciation and the amount to be charged in respect thereof in an accounting period are usually not based onOpenVideRime asked 2 years ago • Commerce, Financial and Management Accounting26 views0 answers0 votesAS- 6 deals with depreciation accounting and applies to all depreciable assets, exceptOpenVideRime asked 2 years ago • Commerce, Financial and Management Accounting40 views0 answers0 votesAccording to AS-6, ‘Depreciable assets’ are assets whichOpenVideRime asked 2 years ago • Commerce, Financial and Management Accounting33 views0 answers0 votesWhich of the following factors should be considered while estimating the useful life of a depreciable asset?OpenVideRime asked 2 years ago • Commerce, Financial and Management Accounting29 views0 answers0 votesIn reference to the accounting standards, choose the correct statement:OpenVideRime asked 2 years ago • Commerce, Financial and Management Accounting28 views0 answers0 votesWhich of the following Accounting standards is recommendatory and not mandatory?OpenVideRime asked 2 years ago • Commerce, Financial and Management Accounting26 views0 answers0 votesCost of inventories includesOpenVideRime asked 2 years ago • Commerce, Financial and Management Accounting32 views0 answers0 votesAs per AS-2, inventory is to be valued atOpenVideRime asked 2 years ago • Commerce, Financial and Management Accounting24 views0 answers0 votesAccounting standard on inventory valuation is not applicable toOpenVideRime asked 2 years ago • Commerce, Financial and Management Accounting25 views0 answers0 votesValuation of inventory is dealt with inOpenVideRime asked 2 years ago • Commerce, Financial and Management Accounting30 views0 answers0 votes
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