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Q. Return on equity capital is calculated on basis of:

Q. When a fixed asset is bought as hire purchase, interest element is classified under ______ and loan element is classified under________.

Q. The labour engaged in the making of a product is known as _______

Q. (A Company has a standard of 1 direct labor hour per unit at Rs.12 per hour. 3,850 labor hours costing Rs.46,970 were used to produce 4,000 units.) Company’s total labor variance is

Q. Which of the following is not a method of cost absorption?

Q. _______ is devoted to providing information for external users.

Q. Fixed assets are Rs 5,00,000 , Current assets are Rs 3,00,000, Current liabilities are Rs 1,00,000. There is no investment. Capital employed will be :

Q. When contribution is negative but less than fixed cost,

Q. Management accounting is the branch of accounting concerned with reporting to