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The KCC scheme aims to provide short-term credit support to farmers involved in Animal Husbandry, Dairying, and Fisheries to meet their working capital requirements.
Which of the following statements are true or false?
(i) Direct material cost: Cost of the material that can be directly allocated to a cost cent...
From the following information calculate the amount of sales to earn a desired profit of Rs.12,000
Fixed Cost: 24,000
Selling Price: ...
Deduction in respect of royalty income of authors under Chapter VI is allowed under Section:
_______ Ratio is the indicator of firm’s financial leverage.
Under the Written Down Value (WDV) method, depreciation is:
A company chooses not to record a small calculator worth ₹500 as a fixed asset. Which concept is being applied?
ABC sports material manufacturing company budgeted the following data for the coming year:
Sales (1,00,000 units) = ₹1,00,000
Variable c...
A factory produces a product with selling price ₹500, variable cost ₹300 and fixed cost ₹9,00,000. Due to market conditions, price is reduced by 1...
State which statement is incorrect: