Question
Which of the following forms part of the ‘Planning’
function? A) Â Â Â Â Â Â Â Forecasting B) Â Â Â Â Â Â Â Choice among alternative courses of action. C) Â Â Â Â Â Â Â Wishful thinking D) Â Â Â Â Â Â Â Decision only by production managerSolution
The planning function of management includes establishing objectives, developing premises, determining alternative courses of action, formulation of plans, securing co-operation and follow-up on plans. Wishful thinking is not a part of planning as it does not involve any concrete objectives or goals to achieve. Planning is important in all departments and levels of the organisation and not only limited to the production function.
For every debit there will be an equal credit according to
Which of the following is not true about capital reserves?
Which of the following statement is incorrect?
An annuity that starts at a predetermined date in the future is called as:
State which statement is correct:
As per AS 10 (Revised) ‘Property, Plant and Equipment’, an enterprise holding investment properties should value Investment property:
Interest coverage ratio can be numerically expressed in the form of the following equation:-
A company produces a single product with the following cost structure:
• Selling price per unit: ₹500
• Variable cost per unit: ₹3...
Under cash basis accounting, revenue is recorded when:
Which of the following is an example of an adjusting journal entry?
