Multiple Choice Questions on Floating assets are valued at ........ for UPSC EPFO Exam Preparation

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Multiple Choice Questions

Floating assets are valued at ........

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    Floating assets are valued at

    cost

    Incorrect Answer

    Market price

    Incorrect Answer

    Cost or market price whichever is lower

    Correct Answer

    Cost less depreciation

    Incorrect Answer
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    Explanation:

    Cost or market price whichever is lower

    By: Parvesh Mehta
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