Which method of pricing can be used satisfactorily in eit...
Which method of pricing can be used satisfactorily in either rising or falling price situation?
Market price
Average method
FIFO
Standard price
Correct answer is B
An average method which accommodate all the prices and then divide (inform of mean) is well acceptable in either of the two situation.
Using the following information to answer the given question \(\begin{array}{c|c} Post & Gr...
Profit expressed as a fraction of the selling price is known as ...
What will be the number of shares to be issued to a subscriber who applied for 50,000 units. &nbs...
When a shareholder fails to pay the calls requested from him, this situation leads to ...
Discount received is shown in the ...
Which of the following is not a profit and loss appropriation account item? ...
\(\begin{array}{c|c} & N \\ \hline \text{Fixed assets} & 12,000 \\ \text{Current assets} &am...
Use the information below to answer this question. \(\begin{array}{c|c} \hline & \text{Dept A...