Lands, buildings, plants and machineries are example of what type of asset ?

Related Mcqs:

“When one of the factors of production is fixed in quantity or is difficult to increase, increasing the other factors of production will result in a less than proportionate increase in output”. This statement is known as the______________?

A. Law of diminishing return B. Law of supply C. Law of demand D. Law of supply and demand...

A man invested P110,000 for 31 days. The net interest after deducting 20% withholding tax is P890.36. Find the rate of return annually?

A. 11.50 % B. 11.75 % C. 11.95 % D. 12.32 %...

ABC Corporation makes it a policy that for any new equipment purchased, the annual depreciation cost should not exceed 20% of the first cost at any time with no salvage value. Determine the length of service life necessary if the depreciation used is the SYD method ?

A. 7 eyars B. 8 years C. 9 years D. 10 years...

Using factor method, the depletion at any given year is equal to ?

A. Initial cost of property times number of unit sold during the year divided by the total units in property B. Initial cost of property divided by the number of units sold during the year C. Initial cost of property times number of units sold during the year D. Initial cost of property divided by … Using factor method, the depletion at any given year is equal to ?Read More...

What stock represents ownership and enjoys certain preferences than ordinary stock ?

A. Authorized stock B. Preferred stock C. Incorporator’s stock D. Presidential stock...