Question : The term ‘investment’ is used for ‘Non-Current Investments’. Trade Investments are also treated as ………

Option 1: Current assets 

Option 2: Non–current assets 

Option 3: Cash and cash equivalent 

Option 4: Tangible assets 

Question : 'Current Investments’, ‘Short-term Investments’ and ‘Marketable securities’ should be included in 

Option 1: Currents assets 

Option 2: Non Current assets 

Option 3: Tangible assets 

Option 4: Current liabilities 

Question : 'Current Investments’, ‘Short-term Investments’ and ‘Marketable securities’ should be included in 

Option 1: Currents assets 

Option 2: Non Current assets 

Option 3: Tangible assets 

Option 4: Current liabilities 

Question : Capital employed in a firm is calculated from assets side approach as follows:

Option 1: All assets – goodwill – non trade investment – fictious assets – long term outside liabilities 

Option 2: All assets – goodwill – non trade investment – fictious assets – credit balance in cuirrent account – all outside liabilities

Option 3: Partners capital – credit balance in current account + free reserve + credit balance of profit a and loss account – Goodwill – non trade investment – fictious assets – all outside liabilities 

Option 4: All assests – goodwill – Non trade investment – fictious  assets – Debit  balance of profit and loss account – outsiders liabilities 

Question :  Capital employed in a firm is calculated from the liabilities approach as follows

Option 1: Partner's capital – credit  balance in current account + free reserve + credit balance of profit  and loss account – Goodwill - Non trade investment – fictitious assets – all outside liabilities

Option 2: Partners capital + credit balance in current account (minus Debit balance of current account) + free reserve + credit balance  of profit and loss (if any) – goodwill – non trade investment

Option 3: Partners capital – credit balance in current account + free reserve + credit balance of profit and loss account – Goodwill – non trade investment – fictitious assets – all outside liabilities

Option 4: All assests – goodwill – Non trade investment – fictious assets – Debit  balance of profit and loss account – outsiders liabilities