Question
A salesperson in an organization have a fixed salary of
$2,000 per month, and an additional commission of 10% on all sales made. This is an example of which type of cost?Solution
In the above question the salary cost is semi-variable as it consists of a fixed component (base pay) and a variable component (commission). The variable component of the cost changes based on the level of sales made, while the fixed component remains constant over the period.
Robbery:
What is the time frame in which the employer shall submit 5 copies of the draft standing orders proposed by him for adoption in his industrial establish...
Which of the following is considered retrenchment under the provisions of the Industrial Disputes Act, 1947?
The Constitution of India is
As per S.5 of the Indian Evidence Act, 1872 evidence can be given of the_________.
By a landlord to recover possession from a tenant the period of limitation as per provisions of Limitation Act 1963 to file suit is:
Which of the following is the principle of equity mentioned in the statute of ICJ?Â
 Industrial employment standing orders act is applicable in every industrial establishment where ____ workmen are employed
What is the objective with which the Insurance Advisory Committee is established under section 25 of the IRDA Act?
What is the primary purpose of the "General Financial Rules" in the context of government procurement?
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