Factory costs excluding prime cost is
Overhead
Material cost
Fixed cost
Administration cost
Correct answer is A
No explanation has been provided for this answer.
The manufacturing account is prepared to determine the cost of
Trading
Production
Factory overhead
Raw materials
Correct answer is B
No explanation has been provided for this answer.
Which of the following is not an instrument for controlling public expenditure?
Constitution
Financial regulation
Budget
Memorandum
Correct answer is D
No explanation has been provided for this answer.
Which of the following is a norminal account?
Bank account
Cash account
Sales account
Stock account
Correct answer is C
No explanation has been provided for this answer.
Trade creditors personal accounts are found in the
Purchases ledger
Sales ledger
General ledger
Sales day book
Correct answer is A
No explanation has been provided for this answer.