Question
Which of the following risk factors pose business risk
to an entity?                      I.       Sales volume and sales price                    II.       Purchase Price of raw material                   III.       Operational expensesSolution
Business risk is the exposure a company or organization has to factor(s) that will lower its profits or lead it to fail. Sales volume and price, purchase prices, operational expenses have a direct bearing on the profitability of the company and are factors leading to business risk.
As per Companies Act 2013, a related party transaction (RPT) like sale, purchase or supply of any goods or materials can be undertaken after prior appro...
Consider the following statements regarding Economic survey 2022-23:
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Which of the techniques are not known for controlling wastages?
A company manufactures two products, P and Q. The overhead costs and related activity drivers are as follows: