• 2022-05-29
    Which of the following items (that all generate future economic benefits, and whose costs can be measured reliably), is an intangible non-current asset? 1 Computer hardware owned by a business 2 Operating software that operates the computer hardware in (1) 3 A patent bought by a business 4 An extension to an office building owned by a business
    A: All four items
    B: 1, 2 and 4 only
    C: 1 and 2 only
    D: 3 only
  • D

    内容

    • 0

      Which of these best describes non-current assets? A: Items bought to be used in the business B: Items which will not wear out quickly C: Expensive items bought for the business D: Items having a long life and not bought specifically for resale

    • 1

      What is the correct order of procedure for a business which uses job costing? A: 1, 2, 3, 4, 5 B: 3, 2, 1, 4, 5 C: 3, 1, 2, 4, 5 D: 1, 3, 2, 4, 5

    • 2

      Items owned by a business that have money value are known as .

    • 3

      The following statements relate to the participation of junior management in setting budgets:1 It speeds up the setting of budgets2 It increases the motivation of junior managers3 It reduces the level of budget padding Which statements are true? A: 1 only B: 2 only C: 2 and 3 only D: 1, 2 and 3

    • 4

      Which of the following costs may be included when arriving at the cost of finished goods inventory for inclusion in the financial statements of a manufacturing company? 1 Carriage inwards 2 Carriage outwards 3 Depreciation of factory plant 4 Finished goods storage costs 5 Factory supervisors' wages A: 1 and 5 only B: 2,4 and 5 only C: 1,3 and 5 only D: 1,2,3 and 4 only