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Amount collected by a company as Security Premium should be used to
If the rate of gross profit is 20% on cost of goods sold and the sales is Rs. 1,00,000, the amount of gross profit will be
Under Single Entry System, the amount of opening stock can be ascertained by preparing a/an
Donations received by Non-profit-making Organizations for a special purpose will be taken to the
Preliminary expenses are transferred by the vendor company at the time of absorption to
Reduction of share capital requires the permission of
Loss sufferred from the date of acquisition of business to the date of incorporation should be debited to
The shares issued as part of capitalisation of reserves
The balance of the Debenture Sinking Fund account after to demption of debentures is transferred to
A right of one person to satisfy a claim against another by holding or retaining the posession of others property is termed as
The balance in the Share Forfeited Account after the reissue of forfeited shares is transferred to
If vendors are issued fully paid shares of Rs. 1,00,000 in con- sideration of net asset worth Rs.85,000, the balance of Rs. 15,000 will be debited to
Per unit fixed cost
An irrecoverable cost which is caused by complete abandonment of a plant :
On replacement of an asset, any amount realised on account of sale of old materials is credited to
As per IRDA regulations, an Insurance company is required to prepare :
A reserve created by a banking company as per Section 17 of the Banking Regulation Act, 1949 :
Provision for doubtful debts in case of standard asset is to be made at
Rebate on bills discounted for a banking company is
Reversionary bonus is the bonus payable by the insurance company
Policy maturing only on the death of the insured is termed as
Under Merrick's multiple piece rate system, 110% of ordinary piece rate is given to workers whose level of performance is between
Labour turnover is calculated by
Wages sheet is prepared by the
Which method of valuing material issue is suitable for materials purchased for a particular work or job ?
FIFO method of valuing material issues is suitable in times of :
Quantity of material to be ordered at one time is known as :
Which method of costing is used in a definery?
Margin of safety is referred to as
The break - even point is the point at which
To obtain break-even point in rupee sales value, total fixed cost is divided by
The most important criterion for distinguishing between scrap, byproduct and joint products is :
Where actual loss in a process is less than the anticipated loss, the difference between the two is considered to be :
The costing method in which each job is treated as a cost unit to which all costs are assigned is :
Expenses which are not actually incurred, but is included for taking managerial decisions are called
What is the basis of apportionment of creche expenses ?
In which year HUDCO was established ?
In which year NAFED established ?
In which year Deccan Agricultural Debt Relief Act passed ?
CAMPCO started in the year :
In which year the Kerala Bank was established ?
National Housing Bank (NHB) was set up in the year :
In which year the Multi-State Co-operative Societies Act passed ?
The Multi Unit Act was passed in the year :
All India Coir Board was established in the year :
Triplicane Urban Cooperative Society (TUCS) started in :
In which year Maclagan Committee constituted ?
In which year Bombay Provincial Co-operative Society Act passed ?
In which year Co-operative Flag was presented ?
In which year Frederick Nicholson Committee was constituted ?