

MCQOPTIONS
Saved Bookmarks
1. |
Which of the following will not lead to creation of secret reserve? |
A. | Undervaluation of closing stock |
B. | Charging capital expenditure to revenue |
C. | Goods sent on consignment being shown as actual sales |
D. | Charging higher rates of depreciation on fixed assets than actually required |
Answer» D. Charging higher rates of depreciation on fixed assets than actually required | |