12th class Principle of Accounting chapter 5 short question with answers for ICom part 2 Principle of Accounting Chapter 5

Online Short Questions For Chapter 5 "ICOM Part 2 Principles of Accounting Chapter 5 Short Questions Preparation "

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Principles of Accounting - ICOM Part 2 Principles of Accounting Chapter 5 Short Questions Preparation

Question # 1

Define the term fluctuation.

  • Ans 1: Fluctuation is decrease or increase in the market value of an assets not due to use in business.In fluctuation the price of things may decrease or increase in the market.
    Example: Increase in value of land or building not due to use in business.
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Prepare Complete Set Wise Questions For Chapter 5 "ICOM Part 2 Principles of Accounting Chapter 5 Short Questions Preparation "

ICOM Part 2 Principles of Accounting Chapter 5 Short Questions Preparation - Set 1

Question # 1

Define the term fluctuation.

  • Ans 1: Fluctuation is decrease or increase in the market value of an assets not due to use in business.In fluctuation the price of things may decrease or increase in the market.
    Example: Increase in value of land or building not due to use in business.
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ICOM Part 2 Principles of Accounting Chapter 5 Short Questions Preparation - Set 2

Question # 1

Define reserve food.

  • Ans 1: When the amount of reserve is invested outside the business in government paper or in gilt ,edged securities, then it is known as Reserve Fund.
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Principles of Accounting
5th Chapter

12th Principles of Accounting Chapter 5 Test

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