- Indirect and direct costs
- All indirect costs
- All direct costs
- All specific costs
- b
-
Direct Labor, Direct Material, Wages for Production Staff, Fuel and Power Consumption are examples of Direct Cost.
- Intangible assets
- Fictitious assets
- Tangible assets
- Current assets
- a
-
Computer Software, Database and Trade Secrets, Trademarks, Television Programs are examples of Intangible Assets.
- Cash system of accounting
- Accrual system of accounting
- Current accounting period
- None of the given options
- b
- Selling expense
- Administrative Expenses
- Marketing expense
- Financial expense
- b
- Cash flow statement
- Receipt and payment account
- Final accounts
- Funds flow statements
- c
-
There are four major types of Capital Account which are Working Capital, Debt, Equity and Trading Capital.
Revenue Account is that account which in which revenue earned by companies operations and business activities.
- The chief executive officer salary
- A marketing cost related to selling the product
- The salary of production line supervisor
- Research and development cost of a new product
- c
-
Insurance, Utilities, Rent, HR Expense, Office Exp, Repair and Maintenance Exp and Taxes are included in Overhead Expenses.
- Closing balance
- Debit balance
- Opening balance
- Credit balance
- b
-
Debit Balance is a balance in the left side of Account.
- Written down value
- Expired value
- Residual value
- None of the given options
- c
- To discover errors and frauds
- To prevent errors and frauds
- To verify statements
- All the above
- d
- A revenue nature
- A capital nature
- Contingency reserve
- A secret reserve
- b