Which of the Following Is NOT a Disadvantage of Current

question 1

Multiple Choice

Which of the following is NOT a disadvantage of current exit value accounting;

• A)it fails to follow the going concern convention.
• B)it considered to be subjective.
• C)it only focusses on long- run operational effectiveness.
• D)it fails to give useful information about internal usefulness of assets.

Describe the characteristics of a negotiable instrument.

Distinguish between a sale and an agreement to sell.

Explain the transfer of title and risk in goods.

Define merchantable quality under the Sale of Goods Act.

---

Definitions:

Hegemony

The domination or leadership of one country or social group over others.

False Consciousness

A concept in Marxist theory that describes the scenario where oppressed classes are misguided about their real interests and conditions due to dominant ideological frameworks.

Subordinate Class

A social group that is positioned at a lower rank or status within a hierarchical society, often facing inequalities.

Basic Ideology

Fundamental beliefs, values, and ideas that shape the political, economic, or social structures of a society.