- FIFO
- LIFO
- Weighted average cost method
- Simple average method
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In process costing method, when work done in current accounting period and beginning inventory before current accounting period, is classified as?
Answer: Option 4 In process costing method, when work done in current accounting period and beginning inventory before current accounting period, is classified as First-in, first-out method.
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Directions : In each of the following questions a statement is given, followed by three conclusions. Give answer : Statement : Items in big showrooms in main markets are costlier than similar items in small shops. Assumptions : I. Items in small shops are never reliable. II. Persons managing big showrooms are cheats. III. Maintenance of big showrooms is an expensive affair in itself; hence the prices are a little higher.?
Answer: Option 4 Clearly, only III defines the correct essence of the statement and hence is implicit.
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You can show the shortcut menu during the slide show by?
Answer: Option 2 Let'
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The amount of simple interest during 'n' interest period is (where, i = interest rate based on the length of one interest period, p = principal)?
Answer: Option 1 Let'
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Directions : Each of the following question consists of a statement followed by two arguments I and II. You have to decide which of the arguments is a STRONG arguments and which is a WEAK Argument. Statement : Should higher education be restricted to only those who can bear the expenditure Arguments : I. Yes. Higher education is very costly; hence it should not be given free. II. No. There are a large number of brilliant students who cannot afford to pay and they should be given higher education.?
Answer: Option 2 For the all-round progress of the nation, all the students, especially the talented and intelligent ones, must avail of higher education, even if the government has to...
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Statement : The weather bureau has through a recent bulletin forecast heavy rainfall during the next week which may cause water logging in several parts of the city. Courses of Action : I. The bulletin should be given wide publicity through the mass media. II. The civic authority should keep in readiness the pumping system for removal of water from these parts. III. The people should be advised to stay indoors during the period.?
Answer: Option 4 The issue is not so big as to be made public extensively. So, I does not follow. Besides, the authorities must be prepared to deal with the...
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Direction : Two statements I and II are given. These statement may be either independent causes or may be effects of independent causes or a common cause. One of these statements may be the effect of the other statements. Read both the statements and decide which of the following answer choice correctly depicts the relationship between these two statements. Mark answer : I. The prices of petrol and diesel in the domestic market have remained unchanged for the past few months. II. The crude oil prices in the international market have gone up substantially in the last few month.?
Answer: Option 4 The prices of petrol and diesel in domestic market remains same in last few month while Price of crude oil have been increased in international market this...
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Direction : Two statements I and II are given. These statement may be either independent causes or may be effects of independent causes or a common cause. One of these statements may be the effect of the other statements. Read both the statements and decide which of the following answer choice correctly depicts the relationship between these two statements. Mark answer : I. Majority of the citizens in the locality belongs to higher income group. II. The sales in the local super market are comparatively much higher than in other localities.?
Answer: Option 1 The comparatively higher sales in a particular locality are indicative of the high paying capacity of the residents of that locality.
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Direction : Two statements I and II are given. These statement may be either independent causes or may be effects of independent causes or a common cause. One of these statements may be the effect of the other statements. Read both the statements and decide which of the following answer choice correctly depicts the relationship between these two statements. Mark answer : I. The Government has reduced the prices of petroleum products by five percent a week after increasing the prices by ten percent. II. The rate of inflation dropped marginally during the last week.?
Answer: Option 4 Both the statements I and II are effects of independent causes.
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PHP provides built-in interceptor methods, which can intercept messages sent to undefined methods and properties. This is also known as _________?
Answer: Option 1 Let'
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