If any person who is required under this Act or any rules or regulations made thereunder to furnish any document, return or report to the Controller or the Certifying Authority fails to furnish the same, he shall be liable to a penalty not exceeding one lakh and fifty thousand rupees for each such failure.
If 8000 units are introduced in a process and normal loss is 5% of input, Closing WIP is 1000 units which is 60% complete and 6600 units are transferred...
The process of accounting for cost which begins with the recording of income and expenditure or the bases on which they are calculated and ends with the...
Which of the following is not a principle of Kaizen Costing?
Management accounting can assist the management by provision of relevant information for __________
If cost of equity is 15% with weight 1/3 and cost of debt is 10% with weight 2/3, calculate weighted average cost of capital. Rate of tax is 32%?
RST Ltd’s has the following information
Sales = 300000
Cost of Goods Sold = Rs 140000
Pre-Interest Operating Expenses =...
In costing, which of the following standards are also known as the past performance standards?
The category of costing which is applicable to work carried out or products produced by specific orders as against continuous production, is known as __...
Which of the following correctly describes the scope of cost accounting?
Irrelevant and historical cost is _______
