A. Assets = liability + owner’s equity
B. Liability = assets + owners’ equity
C. Owner’s equity = assets + liability
D. Owner’s equity = liability – assets
Related Mcqs:
- What is an accounting term that represents an inventory account adjustment ?
A. Cost of goods sold
B. Cost accounting
C. Standard cost
D. Overhead cost - Boussinesq’s equation for ascertaining unit pressure at a depth on sewers due to traffic loads, is__________________?
A. pt = 3H3p/2 Z5
B. pt = 2H3p/3 Z5
C. pt = 3H3p/2Z5
D. pt = 2 3p/3Z5 - The continuity equation is connected with_______________?
A. viscous/unviscous fluids
B. compressibility of fluids
C. conservation of mass
D. steady/unsteady flow
E. open channel/pipe flow - General energy equation holds for_________________?
A. steady flow
B. turbulent flow
C. laminar flow
D. non-uniform flow
E. all of the above - Bernoulli equation deals with the law of conservation of____________________?
A. mass
B. momentum
C. energy
D. work
E. force - The equation of continuity holds good when the flow __________________?
A. is steady
B. is one dimensional
C. velocity is uniform at all the cross sec-tions
D. all of the above
E. none of the above - According to Bernoulli’s equation for steady ideal fluid flow_______________?
A. principle of conservation of mass holds
B. velocity and pressure are inversely proportional
C. total energy is constant throughout
D. the energy is constant along a stream-line but may vary across streamlines
E. none of the above - All the terms of energy in Bernoulli’s equation have dimension of_______________?
A. energy
B. work
C. mass
D. length
E. time - The fluid forces considered in the Navier Stokes equation are__________________?
A. gravity, pressure and viscous
B. gravity, pressure and turbulent
C. pressure, viscous and turbulent
D. gravity, viscous and turbulent
E. none of the above - What is considered as the basic consuming or demanding unit of a commodity ?
A. Seller
B. Manufacturer
C. Producer
D. Buyer or consumer