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Q. Budgetary control provides a basis for…

Q. The working capital required to meet the seasonal need of the business is called _______.

Q. Return on equity capital is calculated on basis of:

Q. ……………………..accounting is the adoption and analysis of accounting information and its diagnosis and explanation in such a way so as to assist the decision -makers.

Q. Which of the following is not likely to be a reason of unfavourable direct labour efficiency variance?

Q. Cost accounting

Q. During the month of December actual direct labour cost amounted to $39,550, the standard direct labour rate was $10 per hour and the direct labour rate variance amounted to $450 favourable. The actual direct labour hours worked were:

Q. Gross Profit ratio is also termed as

Q. Comparison of financial statements highlights the trend of the _________ of the business.

Q. Asset structure = _________+__________.