Question
The cost of the next best alternative that is foregone
when a decision is made to use a resource in a particular way is called:Solution
Opportunity cost represents the benefits sacrificed by choosing one alternative over another. It is a crucial concept in decision-making under scarcity in farm management.
AS 6: Depreciation Accounting has been withdrawn with effect from 1-4-2016 after issuance of revised ________.
Depreciation starts on a machine from the date:
- Mr. A has the following incomes during the year:
- Income from Salary: ₹4,00,000
- Income from House Property (net after deductions): �...
Which section of the Companies Act 2013 deals with the provisions of Corporate Social Responsibility?
Ind AS 7 deals with which of the following:
If a company issues bonus shares in the ratio of 3:5, what would be the new number of equity shares held by a shareholder who owns 2,000 shares?
According to the Executive Committee of the General Insurance Council, what is the minimum amount of unexpired risk reserve required for Marine Insurance?
X Ltd. is committed to supply 24,000 bearings per annum to Y Ltd. on steady basis. It is estimated that it costs 10 paise as inventory holding cost per ...
Under the Companies Act, 2013, the paid-up capital for a small company is:
An asset is purchased for ₹10,00,000. Salvage value is ₹1,00,000. Useful life is 5 years. Using WDV @ 10%, what is the depreciation in year 3?
Relevant for Exams:
