If the value of work certified less than 25% of contract price,profit to be credited to P&L is | Faculties

M

Mr. Dubey

🎓 Coach ⭐ 103.11K Points

📊 Applied Cost Accounting

Q. If the value of work certified less than 25% of contract price,profit to be credited to P&L is

(A) No profit is credited to P & L a/c
(B) 1/3 of national profit credited to P & L a/c
(C) 2/3 of national profit credited to P & L a/c
(D) None of these

💬 Discuss

✅ Correct Answer: (A) No profit is credited to P & L a/c

You must be Logged in to update hint/solution

💬 Discussion

📊 Question Analytics

👁️

622

Total Visits

📽️

2 y ago

Published

🎖️

Mr. Dubey

Publisher

📈

88%

Success Rate