Depreciation is charged on ------------- basis
Temporary
Permanent
None of these
All of these
A----------- is created for some specific object
Provision
Reserve
Depreciation
Depreciation is charges on --------- assets only
Intangible
Tangible
Wasting
A ------ is created after ascertaining the profit
----------- refers to writing off the cost of intangible assets like patents, copyright, trademarks, franchisers, leasehold mines which have entitlements for the use of a specified period of time
Amortization
Depletion
Both of these
Find the odd one and state the resources
Copyright
Patent
Trademark
Machinery
.--------------- cannot be correctly calculated under depreciation on fixed assets is duly charged as a business expenses
Net profit
Gross profit
Financial leverage
Spot out the odd one and state reason
Premium on issue of shares or debentures
Profit on sale of fixed assets
Profit on redemption of debentures
General reserve
Increase or decrease in the value of current assets is
Fluctuation
Obsolescence
------------ refers to the amount retained by way of providing for a definitely existing liability whose amount cannot be determined accurately
Appreciation