Question : It refer to those assets which remain in the business for a period more than one year. Which type of asset is highlighted in the given statement?
 

Option 1: Current assets

Option 2: Fixed assets

Option 3: Tangible assets

Option 4: Intangible assets

Question : It refers to those assets which are expected to get converted into cash or cash equivalents within a period of one year. Which type of assets is highlighted in the given statement?

Option 1: Current assets

Option 2: Fixed assets

Option 3: Tangible assets

Option 4: Intangible assets

Question :  Goodwill is

Option 1: Tangible Fixed Assets

Option 2: Other Current Liabilities

Option 3: Intangible Assets

Option 4: Short-term Borrowings

Question : Goodwill and copyright are examples of which assets?

Option 1: Liquid asset

Option 2: Current asset

Option 3: Fixed asset

Option 4: Intangible asset

Question : Creditors are

Option 1: Tangible Fixed Assets

Option 2: Other Current Liabilities

Option 3: Intangible Assets under Development

Option 4: Trade payable