Which of the Following Statements in Relation to Non-Current Assets

question 22

Multiple Choice

Which of the following statements in relation to non-current assets is untrue?

• A)They are held for sale or consumption.
• B)They may be tangible or intangible.
• C)May vary in classification according to the nature of the business.
• D)They are generally held for generating wealth.

---

Definitions:

Biometric Database

A collection of data related to unique physical or behavioral characteristics of individuals, used for identification and access control purposes.

Aadhaar

A 12-digit unique identity number issued by the Indian government to residents, based on their biometric and demographic data.

Security

Measures and protocols implemented to protect systems, networks, data, and information from unauthorized access, attacks, or damage.

Digital Dossiers

Collections of data about individuals, often compiling personal, financial, and social information.