Question
In which of the following industry, batch costing will
be used?Solution
Batch Costing is used when production consists of limited repetitive work and definite no. of identical products are being manufactured. Batch is a cost unit consisting of identical items. As such it will be used on pharma and drug industry.
A company has current liabilities of ₹5 lakh and current assets of ₹6 lakh. Inventory is ₹2 lakh. What is the quick ratio?
What is the taxable event under GST?
Which of the following is NOT a feature of a Receipts and Payments Account?Â
Which of the following is regarded as cash flow from financing activity?
Which of the following best describes the meaning of reverse repo rate?
In the context of cash flow statements, which of the following is considered a financing activity?
Which section of the Companies Act, 2013, deals with the 'Corporate Social Responsibility' (CSR) provisions?
The process of finding present value of a future amount is called:
A decreasing inventory turnover ratio typically indicates that a firm is:
The format of the Financial Statement of a company is prescribed in:
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