A. profit and loss account
B. Manufacturing account
C. Income and Expenditure Account
D. Cost of good sold
A. Sinking Fund Method
B. Annuity Method
C. Sum of Year Digits Method
D. None of these
A. works on cost.
B. selling overhead.
C. distribution overhead.
D. administration overhead
A. estimation of profit.
B. estimation of cost.
C. estimation of selling price.
D. estimation of units.
A. prime cost.
B. factory cost.
C. distribution cost.
D. production cost
A. all indirect costs.
B. all direct costs.
C. indirect and direct costs.
D. all specific costs
A. Each Department
B. Each unit of output
C. Each Month
D. Each Executive
Direct cost incurred can be identified with each unit of output. Direct costs (such as for labor, material, fuel or power) vary with the rate of output but are uniform for each unit of production, and are usually under the control and responsibility of the department manager.
IFRS 9 is an International Financial Reporting Standard (IFRS) published by the International Accounting Standards Board (IASB). It addresses the accounting for financial instruments.
A. Postage stamps(Correct)
B. B/R
C. Cheque Deposited with Bank
D. B/R endorsed