Conversion Cost is calculated as under:
A) Labour plus Materials B) Labour plus overheads C) Labour minus overhead 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
A) Liability B) Equities C) Assets D) None of these
A) Ledger C) Journal B) Work sheets D) None of these
A) Describing selling prices B) Increasing expenditure C) By opting for efficient processes D) None of above