Costs are classified between direct and indirect costs according to method of classificationby

Question:

Costs are classified between direct and indirect costs according to method of classificationby

A.

Nature or Element

B.

Functions

C.

Degree of traceability to product

D.

Change in Activity or Volume

Answer» c. Degree of traceability to product

Note: The above multiple-choice question is for all general and Competitive Exams in India

One of the important basic objectives of Inventory management is:

Question:

One of the important basic objectives of Inventory management is:

A.

To calculate EOQ for all materials in the organisation

B.

To go in person to the market and purchase the materials

C.

To employ the available capital efficiently so as to yield maximum results

D.

Once materials are issued to the departments, personally check how they are used.

Answer» c. To employ the available capital efficiently so as to yield maximum results

Note: The above multiple-choice question is for all general and Competitive Exams in India

Anusua and Shrita formed a partnership to undertake a construction of a shoppingcomplex in New Delhi. This partnership is called

Question:

Anusua and Shrita formed a partnership to undertake a construction of a shoppingcomplex in New Delhi. This partnership is called

A.

Partnership at will

B.

Particular partnership

C.

Unlimited partnership

D.

Partnership with undefined mission

Answer» b. Particular partnership

Note: The above multiple-choice question is for all general and Competitive Exams in India

The board of directors may appoint additional directors from time to time if soauthorized by

Question:

The board of directors may appoint additional directors from time to time if soauthorized by

A.

Articles of Association

B.

Memorandum of Association

C.

A resolution passed at general meeting

D.

A resolution passed at board meeting

Answer» a. Articles of Association

Note: The above multiple-choice question is for all general and Competitive Exams in India