Business

12th

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Financial Assets

208

10 questions

  • 1. Multiple Choice
    20 seconds
    1 pt

    Which of the following reasons is not a purpose of investment

    Accretion of wealth

    ownership control

    meeting business requirements

    Payment of loans

  • 2. Multiple Choice
    20 seconds
    1 pt

    The following are financial assets except,

    Non-trading equity securities

    investment in subsidiary

    investment in joint venture

    investment property

  • 3. Multiple Choice
    20 seconds
    1 pt

    Generally, investments are classified in the balance sheet as

    Current asset

    Non-current asset

    either current asset or non-current assets

    none of the above

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