Question
 In the context of cost accounting, expenses are
classified into different categories based on their function within the business operations. Based on your understanding of these categories, identify which one includes expenses related to warehouse: Refer to the following information to answer the next 4 questions (Q15 to Q18) Overheads are indirect costs that cannot be directly traced to specific products or services but are necessary for the overall operations of a business. These costs include various types of expenses such as administration, production, selling, and distribution overheads. Each category of overheads plays a distinct role in the functioning of a business. Accurate classification and allocation of these overheads are crucial for effective cost accounting, enabling businesses to determine the true cost of their products and services and make informed financial decisions. Understanding how to allocate and manage these overheads helps in analyzing the profitability and efficiency of different segments of the business, ensuring better financial control and strategic planning. The process of cost allocation involves assigning costs to cost centers or cost units, ensuring that each segment of the business is charged with its relevant expenses. This helps in analyzing the profitability and efficiency of different segments of the business, ensuring better financial control and strategic planning. Overheads also impact financial accounting, as adjustments for under-absorption or over-absorption need to be made to reflect the actual costs incurred. Understanding how to manage these overheads aids in financial analysis, budgeting, and forecasting, ultimately contributing to the overall financial health and sustainability of the business.Solution
Warehouse expenses are categorized under distribution overheads because they are related to the logistics and management of inventory storage and handling before the products are delivered to customers. This classification helps in accurately allocating costs to the appropriate segment of the business operations.
Select the most appropriate synonym of the given word.
Diligent
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In the given question, a word has been given and there are three ways in which the word has been used, in similar or different forms. Find out which of...
In the question given below, a word has been given and there are three ways in which the word has been used, in similar or different forms. You need to...
Subtle
(i) The evidence is not detailed enough to subtle his argument.
(ii) The flavour of the dried berries is more subtle .
(iii)...
Select the most appropriate antonym of the given word.
Indolent
Inculcate
A. All of us will inculcate in the profits.
B. We have tried to inculcate a feeling of citizenship in youngsters.
...
Tamper
(i) To tamper with a constitution that had so proved its quality seemed not so much a sacrilege as a folly.
(ii) At least he was tr...
