Question
Which of the following is not an operational
decision?Solution
Operational decisions are determinations made in regard to the routine, ongoing activities in the functional areas of an organization. These relate to day-to-day functioning or operations of business. Middle and lower-level managers take these decisions. Strategic decisions are important decisions which affect objectives, organisational goals, and other important policy matters. These decisions usually involve huge investments or funds. These are non-repetitive in nature. Deciding the location of the plant is a strategic decision to optimally manage the logistics cost and manage the supply chain efficiently. These decisions involve huge investments, made by the firm, in acquiring building(s), arranging and installing plant and machinery.
Inventory is disclosed in financial statements under:
How much percentage of salary is allowed for exemption in House rent allowance Section 10(13A) in case of metro city?
Which of the following is not an operating system software?
In the context of ICDS V, which category of assets does this standard specifically address?
A manufacturing company prepares a flexible budget for its production costs. At 60% capacity, its total cost is ₹6,00,000, including ₹2,40,000 fixed...
The balance in the reconstruction account is utilized for:
The ledger column that links the entry with the journal is called as.
Which of the following is a correct treatment when a company issues shares for consideration other than cash?
In the context of cash flow statements, which of the following is considered a financing activity?
Find out the Ordering Level from the following information: