All Environments are Forests (A) →I.I. → Some Environments are Forests (I). Hence conclusion I follows. Some Surroundings are Environments (I) + All Environments are Forests (A) → Some Surroundings are Forests (I) + No Forest is Tree (E) → Some Surroundings are not Trees (O). Hence conclusion II does not follows. All Environments are Forest (A) + No Forest is Tree (E) → No Environments is Tree (E) → Conversion → No Tree is Environments (E). Hence conclusion III follows.
Which of the following correctly describes the scope of cost accounting?
Irrelevant and historical cost is _______
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...
RST Ltd’s has the following information
Sales = 300000
Cost of Goods Sold = Rs 140000
Pre-Interest Operating Expenses =...
Which of the following is not a principle of Kaizen Costing?
In which of the following industry, batch costing will be used?
Depreciation would be classified as:
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 application of the principles of accounting and financial management to create, protect, preserve and increase value for stakeholders is known as __...
The category of costing which is applicable to work carried out or products produced by specific orders as against continuous production, is known as __...