THE CONCEPT WHICH STATES THAT ASSETS ARE NOT TO BE RECORDED AT THEIR CURRENT MARKET VALUE IS
A. money measurement B. materiality C. cost ✓ D. entity The answer to the question is: C. cost The concept which states that assets are not to be recorded at their current market value is the principle of cost. This principle is a…
AN ALTERNATING CURRENT CAN INDUCE VOLTAGE BECAUSE IT HAS
A. ripple value B. varying magnetic field ✓ C. weaker magnetic field than direct current D. high peak value The answer to the question is: B. varying magnetic field An alternating current (AC) can induce voltage because it has a varying magnetic field. When…
IT TAKES 4 MINUTES TO BOIL A QUANTITY OF WATER ELECTRICALLY. HOW LONG WILL IT TAKE TO BOIL SAME QUANTITY OF WATER USING THE SAME HEATING COIL BUT WITH THE CURRENT DOUBLED
A. 64 minutes B. 32 minutes C. 8 minutes D. 2 minutes E. 1 minute ✓ The answer to the question is: E. 1 minute To calculate how long it will take to boil the same quantity of water using the same heating coil…
THE QUALITATIVE TREATMENT OF THE STRUCTURE OF ATOMS IN RELATION TO ELECTRIC CURRENT
To understand the qualitative treatment of the structure of atoms in relation to electric current, we must first delve into the fundamentals of atomic structure and the nature of electric current. Atoms, the building blocks of matter, are composed of…
TYPES OF BANK ACCOUNTS
There are three types of account which customers can open in a bank. These are current, deposit and savings accounts. Current Account: Current account is the type of bank account usually operated by businessmen and organisations and is required if…