Question
Which of the following assets is a non-depreciable
asset?Solution
Non-depreciable assets are those assets that do not lose their value over time and are not subject to depreciation expense. Land is a non-depreciable asset because it does not have a determinable useful life. The cost of land is not subject to depreciation, although improvements made to the land may be depreciable. One may have confusion regarding patent, to clarify patents are generally amortized over their useful life, which is the period over which the patent is expected to provide economic benefits. The amortization expense is recognized as an operating expense on the company’s income statement and is used to allocate the cost of the patent over its useful life.
In a certain code language, 'ALLIES' is coded as 'REHLKA'. What is the code for 'BALLET' in that code language?
A question is given, followed by two statements labelled I and II. Identify which of the statements is/are sufficient to answer the question.
Qu...
Choose the correct option to replace (‘?’) question mark in the following figural series
Select the option that is related to the third figure in the same way as the second figure is related to the first figure.
How many triangles are there in the given figure?
Select the option that is related to the fifth letter-cluster in the same way as the second letter-cluster is related to the first letter-cluster and th...
Select the Venn diagram that best illustrates the relationship between the following classes.
Pens, Books, Erasers
'AB LX VU' can be a code of which of the following?
Two different positions of the same dice are given below. Find the letter opposite of M.
Select the correct combination of mathematical signs to sequentially replace the * signs and to balance the given equation.
17 * 4 * 6 * 2 * 4 = 9
