Question
Labour cost that is specifically incurred for or can be
readily charged to or identified with a specific job, contract, work order or any other unit of cost, will be classified as which among the following?Solution
Labour cost that is specifically incurred for or can be readily charged to or identified with a specific job, contract, work order or any other unit of cost is referred to as Direct Labor.Â
Product X requires 10 Kg of material at the rate of Rs. 5 per Kg. The actual consumption of material for the manufacturing of product X came to 12 Kg of...
Which one of the following is a correct equation?
Which of the following is not included in a Credit Monitoring Arrangement (CMA) report?
If a company operating in a different country works the manner exactly like the parent company, such orientation is called:
OPC (One person company) shall file a copy of the duly adopted financial statements to the Registrar in _________.
Receivables Velocity/average collection period of the company?
Which person can be appointed as an agent?
With respect to working capital operating cycle, which of the following statement is incorrect?
Which of the following statements about credit risk is incorrect?
A company purchases machinery for ₹10 lakh. Estimated dismantling cost after 5 years is ₹1 lakh. The dismantling obligation is present as per contra...
