English

How long do fixed assets last?

Advertisements
Advertisements

Question

How long do fixed assets last?

Options

  • Within one year

  • More than one year

  • Until inventories convert into cash

  • Until bills receivable convert into cash

MCQ
Advertisements

Solution

Fixed assets last more than one year. Plant & machinery, land & building, and vehicles are examples.

shaalaa.com
  Is there an error in this question or solution?
Share
Notifications

Englishहिंदीमराठी


      Forgot password?
Use app×