Q801
Open questionUnder which incentive wage system two piece rates (high and low) are determined:
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Costing
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Q802
Open questionWhen the contract is not executed at the end of the accounting year, profit on an incomplete contract is transferred to
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Q803
Open questionWhich of the following system applies when standardised goods are produced under a series of operations?
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Q804
Open questionImprovement of profit volume ratio can be done by
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Q805
Open questionIf the normal cost of normal production of 80 units is Rs. 400, then the value of abnormal wastage of 5 units will be
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Q806
Open questionWhat is the gross profit if the total sale is Rs. 2,60,000, the cost of net goods sold is Rs. 2,00,000, and sales return is Rs. 10,000?
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Q807
Open questionMaterial control does not cover the following stage:
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Q808
Open questionPrime cost is Rs. 16,000. Material is 60% of labour. Labour is
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Q809
Open questionWhat may be the principle budget factor in case of plant?
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Q810
Open questionWhy are the estimated benefits from a project are expressed as cash flows instead of income flows?
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Q811
Open questionCash from operation is equal to
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Q812
Open questionThe loss incurred on an incomplete contract is transferred to . . . . . . . . account.
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Q813
Open questionBOGEY standard in Cost Accounting is also known as:
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Q814
Open questionCosting and cost accounting are . . . . . . . .
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Q815
Open questionThe formula is used to compute the:
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Q816
Open questionDebt equity ratio is a test of
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Q817
Open questionInventory turnover ratio = Cost of . . . . . . . . during the period ÷ Cost of average inventory held during the period.
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Q818
Open questionBin card is maintained by the . . . . . . . .
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Q819
Open questionOpportunity cost of capital invested in inventory is included in:
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Q820
Open questionWhich of the following statements is true about standard labour time?
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