Finance Accounting

Balance of  income and expenditure account shows;-

Cost which  can not  be  conveniently  identified   with  individual  cost unit  is  called ;-

Cost which  is calculated  before  manufacture  operation is called :-

Recoupable  short working  is  a current asset ;-

Which is not applied in capital budgeting:-

Income  and  expenses  related  to the  prize  fund  is shown in ;-

If no information is available, the General Rule for valuation of stock for balance sheet is:-

Receipts  and  Payments  a/c is  a  summary   of  , all  revenue  and capital  receipts  and payments :-

Patent royalty is based in sales of a product ':-

According  to possible  for an event   which is  not  measurable  in terms  of   money ;-

Sales and lease back and __________ are types of finance lease;-

PI of the project is the ratio of present value of inflows to:-

Which financial statement shows the details of company's revenues and expenses over a period of time;-

Endorsement is made ;-

The branch of accounting  that provides information needed to prepare income tax  returns :-

In case of risky projects the required rate of returns would generally be:-

Debt Financing is a cheaper source of finance because:-

Gross profit ratio of a firm remains same but the Net profit ratio is decreasing. The reason for such behavior could be:-

Cost of redeemable Preference share capital is:-

Capital  a/c is  a __________  a/c ;-

Existing investment in a project is not treated as sunk cost:-

EOQ minimizes____________:-

Which  is  non  profitable  organisation  :-

According  to  this  convention  ,  accounting  practice  should  remain  unchanged  from  one period to another ;-

Section of  the business to which cost  can be  charged  is  termed  as ;-