FA Transfer & Disposal
Authored by Gosia Kuzminska
Professional Development
University
Used 12+ times
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7 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the transfer of asset?
is the booking of journal entry
is moving the asset from one place to the other
is depreciation of an asset
2.
MULTIPLE SELECT QUESTION
45 sec • 1 pt
Asset disposal is...
transfer from one account to the other
removing an asset or part of the asset from inventory
elimination of an asset from company's record
3.
MULTIPLE SELECT QUESTION
45 sec • 1 pt
Please choose transfer reason.
change of asset class
asset broken
asset is no longer in use
change of the store
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Full asset transfer is when...
the amount posted on the asset is going to be fully transferred into other one
only part of amount posted on the asset has to be transferred into other one
5.
MULTIPLE SELECT QUESTION
45 sec • 1 pt
What are the reason for disposal?
change of the store
asset lost
asset broken
change of asset class
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Asset scrapping NBV = 0 ...
no loss
loss
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Asset scrapping NBV>0...
loss
no loss
gain
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