Fixed Assets Question:

Download Job Interview Questions and Answers PDF

What is fictitious assets?

Fixed Assets Interview Question
Fixed Assets Interview Question

Answer:

(Fictitious asset) An asset recorded in the balance sheet that really does not deserve to be classed as an attest . If this is intentional it may be considered fraud.

Download Fixed Assets Interview Questions And Answers PDF

Previous QuestionNext Question
Suppose after run depreciation i have forget calculate depreciation of one asset then how to calculate depreciation of that asset?What is meant by cash book and day book and general ledger?