Question
NR Limited developed a mastery by causing utilization of 35.4252 lakhs. The aptitude was used by the association from first April, 2018. The supportive presence
NR Limited developed a mastery by causing utilization of 35.4252 lakhs. The aptitude was used by the association from first April, 2018. The supportive presence of the asset is 10.575 years from the hour of start of its usage. The association has not amortized the asset till 31st March, 2020. Pass journal section to offer effect on the value of ability for the year completed 31st March, 2020.
1. Thomas Winge is considering a business offer made by Wesco Associates, a theory bank. Should Winge perceive the offer, he will be committed for controlling twenty portfolio supervisors. Winge' just concern is that delegates' own extraordinary exchanges are not being pleasingly seen and colossal amounts of these exchanges fuse front-running customers' exchanges.
A. perceive the offer and acquittal specialists related with front-running.
B. perceive the offer and execute tasteful consistence strategies.
C. decrease the suggestion recorded as a printed duplicate until the firm gets sensible strategies to permit the activity of his administrative responsibilities.
2. Marginal Costing technique follows the going with fundamental of game plan
A. Element insightful
B. Function Wise
C. Behaviour canny
D. Identifiability canny
3. The technique for differential cost is accepted when
A. To decide P/V extent
B. To decide fringe cost
C. To decide cost per unit
D. To make choice between at any rate two elective methodologies
4. Difference between the costs of two choice is known as the
A. Variable cost
B. Opportunity cost
C. Marginal cost
D. Differential cost
5. Variable cost
A. Remains fixed inside and out
B. Remains fixed per unit
C. Varies per unit
D. Nor addition or decrease
6. Cost notwithstanding contact is by and large gone into those conditions where
A. Cost can be viably evaluated
B. Cost of ensured and uncertified work
C. Cost of ensured work, cost of uncertified work and degree of advantage moved to Profit and Failure Accounts.
7. Equivalent plan of 1,000 units, 60% complete in all respects, is :
A. 1000 units
B. 1600 units
C. 600 units
D. 1060 units
8. Cost of relationship under working costing is found by arranging:
A. Cost sheet
B. Process account
C. Job cost sheet
D. Production account
9. Operating costing is fitting to:
A. Hospitals
B. Cinemas
C. Transport undertaking
D. All of the as of late referred to
10. P/V extent will augment if the
A. There is a decrease in fixed cost
B. There is a development in fixed cost
C. There is a decrease in selling cost per unit.
D. There is a decrease in factor cost per unit.
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