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When a firm produces only a single product or service and attempts to sell it to two or more market segments, it avoids the extra cost of developing and producing additional versions of the product, which often entails higher research, engineering, and manufacturing expenses.
ICDS III deals with which of the following:
Opening Stock ₹ 17,000
Purchases ₹ 61,400
Direct Expenses �...
What is Government e-Marketplace (GeM)?
A company follows FIFO method of inventory valuation every year. Which accounting principle is being followed?
1. If the exchange rate between the Indian Rupee and the Japanese Yen is ₹1 = 1.44 ¥, then 1,000 ¥ equals ₹____.
A company purchases machinery for ₹10 lakh. Estimated dismantling cost after 5 years is ₹1 lakh. The dismantling obligation is present as per contra...
To compute Service cost, it is necessary to understand the unit for which the cost is to be computed. Which of the following statement is incorrect?
What does the management principle, "Principle of Order" developed by Henry Fayol signify?
With respect to AS 5 (Net profit or loss for the period, prior period items and changes in accounting policies), which of the following statement is inc...
Money market is a market for ___ (1) ___ funds having maturity of ___ (2) ___.