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Realisation of Assets (Dissolution)

Are the follo...

Question

Are the following statements true or false? Give reasons.
Gross domestic capital formation is always greater than gross fixed capital formation.

A

True

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B

False

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Solution

The correct option is B False
Gross domestic capital formation can be less than gross fixed capital formation if change in stock is negative.

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Realisation of Assets (Dissolution)

Standard XII Accountancy

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