Accounting - Study Mode

[#2801] The expenditure on raw material is-
Correct Answer

(B) Variable cost

[#2802] Which of the following is/are the method(s) of Human Resource Accounting?
Correct Answer

(D) All of the above

[#2803] Chartered Accountants are-
Correct Answer

(C) Professional Auditor

[#2804] Which of the following is not prepared to ascertain the income of a non-trading concern:
Correct Answer

(A) Profit and Loss account

[#2805] Ram and Shyam are partners in a firm with capital of Rs. 4,50,000 and Rs. 3,10,000 respectively. They admitted Ganesh as a partner with $${frac{1}{4}^{{ ext{th}}}}$$ share of profit. Ganesh brings Rs. 3,00,000 as his capital. Ganesh's share of goodwill will be
Correct Answer

(B) Rs. 27,000