Costing - Study Mode
[#786] The full form of CIF is:
Correct Answer
(A) Cost, Insurance and Freight
[#787] Process costing is used in which industry?
Correct Answer
(C) Both A and B
[#788] Fixed cost per unit . . . . . . . . with rise in output and . . . . . . . . with fall in output.
Correct Answer
(A) decreases, increases
[#789] Match the following. List-I List-II a. Prepaid expenses 1. Solvency ratio b. Sales ratio 2. Net profit margin × Investment turnover c. Return on investments 3. Turnover ratio d. 100-Proprietary ratio 4. Current asset
Correct Answer
(B) a-4, b-3, c-2, d-1
[#790] The concept of economic order quantity is concerned with
Correct Answer
(B) Technique of inventory control