The compensation paid by the borrower of fund to lender, from the borrower point of the cost of borrowing fund is called?

✅ C. 24

Option A : 37.5 Option B : 38.25 Option C : 24 Option D : 35 Correct Answer : 24 Read more

✅ C. Cash discount

Option A : Trade discount Option B : Prompt payment discount Option C : Cash discount Option D : Bulk discount Correct Answer : Cash discount Read more

✅ C. estimation of selling price

Option A : estimation of profit. Option B : estimation of cost. Option C : estimation of selling price Option D : estimation of units. Correct Answer : estimation of selling price Read more

✅ A. Straight-line method

Option A : Straight-line method Option B : Written down value method Option C : Units-of-production method Option D : Sum-of-the years-digits method Correct Answer : Straight-line method Read more

✅ A. Sundry Debtors

Option A : Sundry Debtors Option B : Stock Option C : Prepaid insurance Option D : All of Correct Answer : All of and above Read more

✅ E. All of these

Option A : Income received in advance Option B : Stock Option C : Debtors Option D : Pre-paid expenses and Accrued income Correct Answer : All of these Read more

✅ B. Unit cost

Option A : Variable cost Option B : Unit cost Option C : Total cost Option D : Fixed cost Correct Answer : Unit cost Read more

✅ D. Petty cash book

Option A : Simple cash book Option B : Two column cash book Option C : Three column cash book Option D : Petty cash book Correct Answer : Petty cash book Read more