A worker has a time rate of 15/hr. He makes 720 units of component (standard time : 5 minutes/ unit) in a week of 48 hours. His total wages including Rowan bonus for the week is

✅ A. Current Asset

Option A : Current Asset Option B : Current Liability Option C : Fixed Asset Option D : Income Read More Details about this Mcq Correct Answer : Current Asset Read more

✅ C. Outstanding checks

Option A : Uncollected checks Option B : Uncredited checks Option C : Outstanding checks Option D : Bounced checks Read More Details about this Mcq Correct Answer : Outstanding checks Read more

✅

Option A : Prepaid expenses Option B : Trademark Option C : Discount on issue of shares Option D : Outstanding Salaries Read More Details about this Mcq Correct Answer : Outstanding Salaries Read more

✅ C. Damage paid on account of breach of a contract to supply certain goods

Option A : 1000 paid for the execution of a new plant Option B : Loss of 10,000 incurred in increasing the sitting accommodation of a hotel Option C : Damage paid on account of breach of a contract to supply certain goods Option D : Repair to machinery purchased, second hand. Correct Answer : Damage paid on account of… Read more

✅ B. Purchase A/c

Option A : Purchase register Option B : Purchase A/c Option C : Cash purchase A/c Option D : Credit purchase A/c Correct Answer : Purchase A/c Read more

✅ A. 6441

Option A : 6441 Option B : 5431 Option C : 7654 Option D : 9876 Correct Answer : 6441 Read more

✅ C. Budget

Option A : Direct cost Option B : Cost Sheet Option C : Budget Option D : Marginal Costing. Correct Answer : Budget Read more

✅ A. Cash book

Option A : Cash book Option B : Trial balance Option C : Auditors report Option D : None of these Correct Answer : Cash book Read more