Costing - Study Mode
[#691] Idle time variance is . . . . . . . .
Correct Answer
(B) Idle time × standard rate
[#692] Cash flow statement is prepared from
Correct Answer
(D) All of these
[#693] Under the marginal costing concept, unit product cost would most likely be increased by
Correct Answer
(C) an increase in the commission paid to salesman for each units sold
[#694] Cost accounts deal partly with facts and figures and partly with . . . . . . . .
Correct Answer
(A) estimates
[#695] Which of the following activities should be shown separately in the cash flow statement prepared as per accounting standard-3? I. Cash flow from borrowing activities. II. Cash flow from operating activities. III. Cash flow from financing activities. IV. Cash flow from investing activities. V. Cash flow from miscellaneous activities.
Correct Answer
(C) II, III and IV