(A) A liability
(B) An asset
(C) An expense
(D) An income
Answer: (A) A liability
Subscription received in advance during the accounting year is a liability.
Author: MCQsLoader
All fixed assets depreciated except:
(A) Furniture
(B) Land
(C) Building
(D) Machine
Answer: (B) Land
All fixed assets depreciated except land.
To ensure a nation’s economy remains healthy, credit money of the country is controlled by:
(A) Industrial bank
(B) Agriculture bank
(C) Central bank
(D) Commercial bank
Answer: (C) Central bank
To ensure a nation’s economy remains healthy, credit money of the country is controlled by Central bank.
Fruit is technically defined as:
(A) Endosperms
(B) Angiosperms
(C) Cosphere
(D) None of these
Answer: (B) Angiosperms
Fruit is technically defined as angiosperms.
Synonym of “Amplify”
(A) Extend
(B) Abate
(C) Lessen
(D) Contract
Answer: (A) Extend
Synonym of “Amplify” is extend.