A

Admin • 802.91K Points
Coach

Q. Which is an example of fictitious asset?

  • (A) Land
  • (B) Building
  • (C) Preliminary Expenses
  • (D) Goodwill
  • Correct Answer - Option(C)
  • Views: 1
  • Filed under category Accounting
  • Hashtags:
Explanation by: Admin
Fictitious assets like preliminary expenses are not tangible or intangible assets.

You must be Logged in to update hint/solution

Discusssion

Login to discuss.

Be the first to start discuss.