Solved EPFO APFC Question
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Q · AccountingMedium · 45s
Which is an example of fictitious asset?
TopicAccounting
Question Typemultiple choice
DifficultyMedium
Marking+1 / −0.25
Test Duration30 min
Step-by-Step Solution
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Fictitious assets have no realizable value, e.g., preliminary expenses.
Final Answer: Option (B) Preliminary expenses