R > W = L ≤ V ≤ P = C No relationship can be established between R and P. Hence conclusion I is not true. R > W = L ≤ V ≤ P = C C ≥ W. Hence conclusion IV is true.
In costing, which of the following standards are also known as the past performance standards?
Which of the following is a technique of inventory management?
The application of the principles of accounting and financial management to create, protect, preserve and increase value for stakeholders is known as __...
Which of the following do not fall under the scope of Cost Accounting?
If 8000 units are introduced in a process and normal loss is 5% of input, Closing WIP is 1000 units which is 60% complete and 6600 units are transferred...
In which of the following industry, batch costing will be used?
Which of the following is not a principle of Kaizen Costing?
The process of accounting for cost which begins with the recording of income and expenditure or the bases on which they are calculated and ends with the...
If cost of equity is 15% with weight 1/3 and cost of debt is 10% with weight 2/3, calculate weighted average cost of capital. Rate of tax is 32%?
Irrelevant and historical cost is _______