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Q. The following is a recorded fact

Q. ………………. are prepared so as to provide time perspective to the consideration of various elements of financial position embodied in such statements.

Q. ……………….is the art of recording, classifying and summarizing in a significant manner and in terms of money, transactions and events, which are in part, at least of financial character and interpreting the results there of.

Q. The analysis done by persons who have access to the books of account and other information related to the business is termed as……………

Q. Cash flow statement is a statement which describes inflows and outflows of……

Q. In responsibility accounting the organization is divided into different ………centers

Q. Which among the following transaction involves no flow of fund ?

Q. A 'direct' cost is a cost that is classified by:

Q. Given sales = 150000, Fixed costs = 30000, Profit = 40000.The variable cost is………….

Q. ………………..is the excess of sales over marginal cost of sales