SCANNER
SCANNER !FINANCIAL ACCOUNTING1SCANNER2SCANNER!FINANCIAL ACCOUNTING[GROUP - I] SCANNER !FINANCIAL ACCOUNTING3FINANCIAL ACCOUNTINGACCOUNTING CONVENTIONS AND PRACTICESObjective -Type Questions :Q1. Distinguish between liability and provisions.[Ref: Q1. (a), June 09 / Paper-5] 3Q2. State whether following statements are true or false :(i) Goodwill is a fictitious assets.(ii)Land is a depreciable asset.[Ref: Q1. (d), June 09 / Paper-5]4Q3. How do the limitation of financial statements also become the limitations of Analysis of Financialstatements?[Ref: Q1. (a), Dec 09 / Paper-5] 2Q4. Fill in the blanks :(i) Increase in one equity with no change in the asset will result in .................... of anotherequity(ii)Final Accounts of a company are prepared according to.
4 SCANNER! FINANCIAL ACCOUNTING Q8. From the four alternative answers given against each statement indicate the correct alternative : (i) An amount spent for inauguration of new factory building is
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