What is unidentifiable intangibles?

Financial Accounting Question Answers MCQ (Accounting Quiz - 9)  February 15, 2010 – 03:57 pm
1. Which of the following appears under the head “Miscellaneous expenditure” on the assets side of a balance sheet?
A]Bills discounted from bank
B]Prepaid insurance premium
[C]Directors’ remuneration
[D]Discount on issue of shares

2. Which of the following is not a source of fund?
[A]Sale of an asset
[B]Collection of bills receivable
[C]Issue of shares
[D]Borrowing from banks
3. Future maintainable profits of West Ltd. for the last 5 years were as follows:
1998-1999 Rs.1, 32, 000
1999-2000 Rs.2, 44, 000
2000-2001 Rs.2, 74, 000
2001-2002 Rs.3, 15, 000
2002-2003 Rs.3, 32, 000
The weighted average profits of the company are
[A]Rs.14, 54, 000
[B]Rs.10, 90, 500
[C]Rs. 8, 72, 400
[D]Rs. 2, 90, 800
4. According to section 78 of the Companies Act, the amount in the share premium account cannot be used for the purpose of
[A]Issue of fully paid bonus shares
[B]Writing off losses of the company
[C]Writing off preliminary expenses
[D]Writing off commission or discount on issue of shares
5. The three column cash book represents
[A]Real accounts
[B]Nominal accounts
[C]Nominal and personal accounts
[D]Real, personal and nominal accounts
6. Carriage inward refers to the cost of transportation

Source: QuizMantra

You might also like:

Dictatorship Begins at Home in the Arab World
Dictatorship Begins at Home in the Arab World
Moral Rights: The Future of Copyright Law?
Moral Rights: The Future of Copyright Law?
1st Annual IP Cafe: IP Licensing Panel
1st Annual IP Cafe: IP Licensing Panel

Quotations from the Freedom Crowd

'I never intend to adjust myself to the madness of militarism.'
- Martin Luther King Jr.
'However sugarcoated and ambiguous, every form of authoritarianism must start with a belief in some group's greater right to power, whether that right is justified by sex, race, class, religion, or all four. However far it may expand, the progression inevitably rests on unequal power and airtight...iners, the weavers, the chemists, the carvers, the dyers, the designers, the machinists, where were the hands, the people who made? Out of sight, somewhere else. Behind walls. All the people in all the shops were either buyers or sellers. They had no relation to the things but that of possessions. How was he to know what a goods’ production entailed? How could they expect him to decide if he wan

Interview with Chomsky from India

Chomsky In First Person
In this exclusive interview, Noam Chomsky speaks to V.K. Ramachandran about the 'new war against terrorism', imperialism, the media and the role of intellectuals.
November 15, 2001: there is a break in the North East monsoon, and it is a clear, cool day in Thekkady. Noam Chomsky is on the second day of his first holiday in many years, a five-day break from pu...tle illegitimate authority and expand the domains of freedom and justice? The task, then, is not to 'speak truth' to the king, or even to the king's subjects, but to learn from them, to contribute what we can, and to participate with them in common struggle for values we discover and uphold. It seems to me that those are the directions in which responsibilities of intellectuals should be sought.

The Reagan Doctrine: Third World Rollback

The Reagan Doctrine:
Third World Rollback
from the book
ROLLBACK
Right-wing Power in U.S. Foreign Policy
by Thomas Bodenheimer and Robert Gould
South End Press, 1989
Nowhere is rollback more evident than in U.S. policy toward the Third World. Third World rollback has come to be named the Reagan Doctrine. However, it is inaccurate to attribute this Doctr...ts became standardized for the Third World. In the case of nations to be rolled back (e.g., Nicaragua), governments were called terrorist and the insurgents were labeled democratic.
In the case of countries to be supported against 'communist' insurgencies (e.g., El Salvador and the Philippines), the governments were called democratic and the insurgents were labeled terrorists.
*****

The Reagan Regime in all its ugly, damned ugly splendor

The Reagan Doctrine:
Third World Rollback
from the book
ROLLBACK
Right-wing Power in U.S. Foreign Policy
by Thomas Bodenheimer and Robert Gould
South End Press, 1989
Nowhere is rollback more evident than in U.S. policy toward the Third World. Third World rollback has come to be named the Reagan Doctrine.
However, it is inaccurate to attribute thi...interests became standardized for the Third World. In the case of nations to be rolled back (e.g., Nicaragua), governments were called terrorist and the insurgents were labeled democratic. In the case of countries to be supported against 'communist' insurgencies (e.g., El Salvador and the Philippines), the governments were called democratic and the insurgents were labeled terrorists.
*****

Chipworks Brings Patent Licensing Experts to IP Business Congress  — Manufacturing Digital
Chipworks invites delegates to stop by their exhibit booth (#12) at IPBC to discuss ways in which the Company's patent evaluation and infringement analysis services can help strengthen semiconductor, systems, and software patent licensing positions.

Memjet Appoints Chief Patent Counsel  — MarketWatch
"Ben's deep experience in global patent evaluation, filing and maintenance will serve us well as we accelerate our growth and support our OEM customers in the commercialization of Memjet technologies." Memjet assumed control of its intellectual …

The Guardian - Open Journalism (Three Little Pigs advert)
The Guardian - Open Journalism (Three Little Pigs advert)
Raw GM John Laurinaitiss Job Performance Review Part 2! (The Undertaker Returns!)
Raw GM John Laurinaitiss Job Performance Review Part 2! (The Undertaker Returns!)
LAVISH RADISH_@Hi-Ho_PART 2
LAVISH RADISH_@Hi-Ho_PART 2
Science Fiction a Reality - The Biracy Project
Science Fiction a Reality - The Biracy Project
Second Life Photography Tutorials - Morphs
Second Life Photography Tutorials - Morphs
QwikLane
QwikLane

Related posts:

  1. Definition of unidentifiable intangibles
  2. Evaluation of unidentifiable intangibles
  3. What is unidentifiable assets?
  4. Valuating unidentifiable intangibles