A. 0.026
B. 0.0026
C. 26
D. 0.00026

A. Outside the control of management.
B. Which are constant per unit of output.
C. Expenses that do not change as a function of the activity of a business, within the relevant period.
D. None of the above.

A. 3
B. 6
C. 9
D. 16

A. Assets Liabilities + Owners’ Equity
B. Liabilities = Short term liabilities + current assets.
C. Liabilities = Fixed assets – current assets.

A. RS.50 (Dr)
B. Rs.100 (Cr)
C. Rs.100 (Dr)
D. RS.50 (Cr)

A. Rs. 100 debit
B. Rs. 100 credit
C. Rs. 400 debit
D. Rs. 400 credit

A. Carriage inwards
B. Carriage outwards
C. Discount received
D. Discount allowed

A. Sales – purchases
B. Opening stock-closing stock + purchases -returns out
C. Purchases – returns.out + closing stock If,
D. Gross profit – expenses

A. 284,500
B. 282,000
C. 307,000
D. 262,000

A. Unfavorable variance
B. Favorable variance
C. Normal variance
D. Budgeted variance