UPSC EPFO APFC 2023 · Question 77

Question 77 of the UPSC EPFO APFC Recruitment Test 2023 (General Studies) (2 July 2023). Try it first, then check your answer and the explanation in the practice app.

1. APFC 2023 · Q77 · General Accounting Principles · Accounting Basics

   In a business firm, assets of the business are valued on the basis of their intrinsic value rather than realizable value. This accounting is based on

   1. money measurement concept
   2. matching concept
   3. going concern assumption
   4. consistency principle

   किसी व्यावसायिक प्रतिष्ठान में, व्यवसाय की परिसंपत्तियों का मूल्य उनके प्राप्य मूल्य के बजाय उनके यथार्थ मूल्य से लगाया जाता है। यह लेखाकरण किस पर आधारित है?

   1. मुद्रा-मापन संकल्पना
   2. सुमेलन संकल्पना
   3. सतत व्यापार पूर्वधारणा
   4. समनुरूपता सिद्धांत

   Answer and explanation: open it in the practice app. 3 days free when you register, then one ₹45 PYQ Pass for every exam on the site.

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