Question

Which of the following is incorrect?(a) Arbitrage is simultaneous purchase and sale of a commodity.(b) Current assets are those which can be turned into cash within a year.(c) Intangible assets are those which do not have physical form. They are in the form of rights.(d) Break-even point is also called an optimum point of a firm.

Answer 1

I think option B is incorrect

Answer 2

option (B) is the correct