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Q. Any special event happen into the business then which report is prepared ?

Q. The Carl Care Company established the following direct labour cost standards for one unit of product Z: •Standard hours: 1.5 hours •Standard rate: $20 per hour •Standard cost: $30 (1.5 hours @ $20 per hour) During the month of July, 20,000 direct labour hours were worked, and 12,500 units of product Z were manufactured. The total wages related to direct labour in July were $405,000. The direct labour rate variance for July was:

Q. The transaction which increase working capital are ………….. of funds

Q. From following which is not a routine report ?

Q. Permanent working capital ___

Q. Which of the following activities is NOT significant to the advancement of information technology?

Q. Marginal cost is computed as

Q. Cash flow statements (based on AS-3) should be prepared and presented under------------------method.

Q. To establish an effective system of standard costing it is essential that 1) The technical process of operation should be prone to planning 2) The cost of the products should be given 3) The process or operating costs of products should be provided 4) The standard costing should be consistent with the technical procedure of the production of the specific entity

Q. Operating ratio is calculated by