When the completion stage of the contract is more than half, the profit to be credited to P/L a/c will be equal to ……………….. | Faculties

M

Mr. Dubey

🎓 Coach ⭐ 104.48K Points

📊 Applied Cost Accounting

Q. When the completion stage of the contract is more than half, the profit to be credited to P/L a/c will be equal to ………………..

(A) 2/3 *notional profit *CR/WC
(B) Estimated profit *W.C/contract price
(C) 1/3 * N.P * CR/W.C
(D) Total profit

💬 Discuss

✅ Correct Answer: (A) 2/3 *notional profit *CR/WC

You must be Logged in to update hint/solution

💬 Discussion

📊 Question Analytics

👁️

519

Total Visits

📽️

3 y ago

Published

🎖️

Mr. Dubey

Publisher

📈

89%

Success Rate