Trading loss occurs when:
A) Revenues exceed the matching relevant B) Revenue and matching costs are equal to costs of each other C) When relevant matching cost exceeds revenues D) None of these
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A) Revenues exceed the matching relevant B) Revenue and matching costs are equal to costs of each other C) When relevant matching cost exceeds revenues D) None of these
A) Schedule 6 B) Schedule 5 C) Schedule 4 D) Schedule 8
A) Liability B) Asset C) As a footnote to balance sheet D) None of these
A) Labour plus Materials B) Labour plus overheads C) Labour minus overhead D) None of these
A) Third-Party Liabilities B) Fraud perpetrated in highly sophisticated circumstances C) Both of the above D) None of these
A) Variable cost B) Semi Variable Cost C) Fixed cost D) Step fixed cost
A) Investment / Profit x 100 B) (Profit / Investment) x 100 C) (Profit — dividend) / investment x 100 D) None of these
A) Payment B) Receipt C) Expenditure D) None of these
A) Capital B) Drawings C) Assets D) None of these
A) Prepaid expenses B) Accrued expenses C) Additional expenses D) None of these