Question : Depreciation is also known as ________________. 

Option 1: Current replacement cost.

Option 2: Replacement of cost of fixed capital.

Option 3: Capital Consumption Allowance.

Option 4: All of the above.

Question : Loss in the value of fixed assets due to unforeseen obsolescence is known as ______________________- and due to passage of time is known as _______________. 

Option 1: Depreciation, Capital gain

Option 2: Capital loss, Capital gain

Option 3: Capital loss, depreciation.

Option 4: Depreciation, Depreciation.

Question : The consumption of fixed capital is also known as_______.

Option 1: depreciation

Option 2: net investment

Option 3: appreciation

Option 4: gross investment

Question : Expenditure on advertisement and public relations by an enterprise is a part of its:

Option 1: consumption of fixed capital

Option 2: final consumption expenditure

Option 3: intermediate consumption

Option 4: fixed capital

Question : Authorised share capital is also known as:

Option 1: Called up Capital

Option 2: Issued Capital

Option 3: Reserve Capital

Option 4: Nominal Capital