51. Out of pocket costs involve payment to . . . . . . . . .
52. Process costing is also known as . . . . . . . . costing.
53. Which of the following relate to measures of non-financial performance of a concern?
1. Customer satisfaction
2. Business process improvement
3. Economic value added
4. Learning organisation
Select the correct answer
1. Customer satisfaction
2. Business process improvement
3. Economic value added
4. Learning organisation
Select the correct answer
54. The ratio for testing immediate solvency is
55. What does a high payout ratio indicate?
56. The primary difference between a fixed budget and a variable (flexible) budget is that a fixed budget:
57. Warehousing cost is an item of:
58. Sale of investment in marketable securities implies
59. If the beginning balance in raw materials inventory is Rs. 5,000, the ending balance is Rs. 3,500 and material of Rs. 60,000 was purchased, what is the amount of materials transferred to work-in-processinventory during the period?
60. Fancy packing is an example of . . . . . . . . expenses.
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