Accounting for Management
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Q 61. The term current assets does not include
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Q 62. The following is a recorded fact
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Q 63. The term fixed assets includes
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Q 64. ……………….are the statements, in which figures reported are converted into percentages to some common base.
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Q 65. ………………. are prepared so as to provide time perspective to the consideration of various elements of financial position embodied in such statements.
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Q 66. ………….analysis is useful in comparing performance of several companies in the same group, or division or department of the same company.
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Q 67. ……………..type of analysis is based on the data from year to year rather than on one date, and also termed as dynamic analysis.
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Q 68. Prime costs may be defined as
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Q 69. Responsibility accounting aims to …………….
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