Cost Accounting

The maximum limit of bonus payable to an employee is fixed by way of percentage of salary or wages earned by the employee during the accounting year, the percentage is:

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Question:

The maximum limit of bonus payable to an employee is fixed by way of percentage of salary or wages earned by the employee during the accounting year, the percentage is:

A.

10%

B.

15%

C.

20%

D.

25%

Answer» c. 20%

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

Z-chart can be used to show:

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Question:

Z-chart can be used to show:

A.

Process used in production

B.

Quality level of the product

C.

Both the plan and the performance, and deviation from the plan

D.

To show cost structure of the product.

Answer» c. Both the plan and the performance, and deviation from the plan

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

Rule 34 provides that where the Tribunal has made winding up order of a LLP, the liquidator shall submit a report containing which of the following particulars:

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Question:

Rule 34 provides that where the Tribunal has made winding up order of a LLP, the liquidator shall submit a report containing which of the following particulars:

A.

Debts due to the LLP

B.

Guarantees given by the LLP

C.

Existing and contingent liabilities of the LLP

D.

All of the above

Answer» d. All of the above

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