Found inside – Page 29The price elasticity of demand for a good depends on: 1. ... In the context of marginal products consider the following statements: 1. Marginal products are ... Found inside – Page 103The sales returns and allowances for the month of October were $1, 250. What were the net revenues for the month of October? 953. Goods sold to Arjun Rs. 10 ... Found inside – Page 232... (c) Pay a lot for the best product (d) Get a lot of money in return for the purchase (e) None of these Ans: (b) Get the best at optimum price Q217. Found inside – Page 9D. Cost tracking number D. 22. ... A. Refund Amount = [(Turnover of inverted rated supply of goods and services) * Net ITC ]/Adjusted Total Turnover - tax ... Found inside – Page 1454Which of the following is a factor aecting a product's utility to the ... A change in the exchange rate could C. Marginal Returns D. Marginal Costs 14707. Found insideThe same was returned to the Department on 20–10–2019. ... shall be deemed to be a supply on the day such inputs and/or capital goods are sent to job–worker ... Found insideSince money is used to measure and exchange the goods and services produced in ... costing less than ` 45 lakh, will be treated as priority sector lending. Found inside – Page 132The way total output changes due to change in all inputs in same proportion is known as law of (a) Returns to scale (b) Diminishing returns (c) Increasing ... Found inside – Page 111It is used world wide as part of product packages, as price tags, carton labels, ... The CPU is also known as the: (a) Random access memory. Found inside – Page 103Crop production involves considerable costs on seeds, fertilisers, pesticides, water, ... goods or services in return for the promise of future payment. Found inside – Page 39Return and Risk management is a factor related to: a) Sources of funds b) ... Variety is a factor related to: a) Product b) Price c) Place d) Promotion 237. Found inside – Page Q-673Exchange rates 5. Rising production costs Choose the correct answer using the codes given below a) 1, 2, 3 and 5 only b) 2, 3, 4 and 5 only c) 1, 3, ... Found inside – Page 111Therefore, a decrease in the floating exchange rate is known as depreciation of the ... The cost of goods would still increase, causing a further deficit. Found inside – Page 70This involves business activities, including the exchange of goods services, and information ... Plaintext is used to hide its substance is known as 625. Found inside – Page 252If Mr. to compete pickles, ply curveAND A. Shift price capital goods ... and negative returns are known D. Shift to the right and increase in price 2239. Found inside – Page 6A single, overall cost of capital is often used to evaluate projects because: (a) it avoids the problem of computing the required rate of return for each ... Found inside – Page 44Which options below are considered to be a key feature of a business ter may A. ... B. Exchange C. Be successful whatever the cost D. Achieve a positive ... Found insideC. middle majority D. laggards MCQ 20: The pricing strategy in which the company determines price it will make the targeted return is classified as A. Found inside – Page ccxixMULTIPLE CHOICE QUESTIONS. SET. -. I. 1. At what price goods pending approval or return as on the last day of accounting year are valued? (a) Cost price (b) ... Found inside – Page 33The person who sends the goods in known as consignor and the person to whom the goods are sent are known as 'Consignee'. The legal relationship between ... Found inside – Page 129bought by the firm is called (1) social cost (2) opportunity cost (3) ... what goods and services shall be produced and in what quantities is known as (1) ... Found inside... of return D. intrinsic rate of return MCQ 24: The method of inventory recording gives lower cost of goods sold in the income statement is classified as ... Found inside – Page A-22(a) Reducing the cost of acquisition (b) Selecting supplies (c) ... against an order (b) goods returned (c) wrong debit to supplier account (d) Any of these ... Found inside – Page 34According to modern thinking, the law of diminishing returns applies to (a) ... Seawater, fresh air, etc., are regarded in Economics as (a) Giffen goods (b) ... Found inside – Page 10... developing new products that over time make current products obsolete? ... capital for business development in exchange for a stake in the Business ... Cost Accounting Multiple Choice Questions and Answers (MCQs) PDF: Quizzes & Practice Tests with Answer Key (Cost Accounting Worksheets & Quick Study Guide) covers exam review worksheets for problem solving with 1100 solved MCQs. Found inside – Page C-19(a) Reducing the cost of acquisition (b) Selecting supplies (c) ... against an order (b) goods returned (c) wrong debit to supplier account (d) Any of these ... Found inside – Page 273is more effective for non technical and low cost goods (A) Advertisement (B) ... (D) Both (B) & (C) Benefit cost ratio classified under -------- criterion. Found inside – Page 360If two commodities are complements, then their cross-price elasticity is (a) ... Lending decreases (c) Cost of production increases (d) Return on capital ... Found inside – Page 165Factor-product relationship is also known as: (A) Input-output relationship (B) ... Law of equi-marginal return also known as: (A) Law of opportunity cost ... Found inside – Page 313(b); The agricultural price support program is 85. ... messaging network which exchange messages between banks and financial institutions is known as SWIFT. Found inside – Page 369diminishing returns applies to (1) agriculture (2) industry (3) mining (4) ... what goods and services shall be produced and in what quantities is known as ... Found inside – Page 340EBay A. will be considered a the Internet rms are pro market table. when A. Cambridge B. London B. sellers is a engage market in because exchange. buyers ... Found inside... channels is classified as A. non-functional discount B. functional discount C. quantity discount D. descriptive discount MCQ 2: The price of product is ... Found inside – Page 454Factor-product relationship is also known as: (A) Input-output ... Law of equi-marginal return also known 236. as: (A) Law of opportunity cost (B) ... Found inside – Page 235Who is regarded as employed on a B. only two pure market economies ... of a nation to produce D. when people a product at a lower opportunity cost 2099. Found inside – Page 61Diminishing returns starts when marginal product starts decreasing. MP is change in total product. As seen from table, MP first decreases at 4th worker and ... Found inside – Page 103Goods in warehouse $300 000 (cost) Goods sent on sale or return $200 000 (at ... The following information is known $ Cash balance at beginning of period ... Found inside – Page 5Since it is relative to other currency so internal price remains unchanged. ... for the same product, this situation is known as price discrimination. Found inside – Page 78bought by the firm is called (1) social cost (2) opportunity cost (3) ... what goods and services shall be produced and in what quantities is known as (1) ... Found inside – Page 115Return on investment ratio is the ratio of the: A. Net income to owner's equity B. Market price per share to earnings per share C. Cost of goods sold to ... Found inside – Page 83The gross national product of a A. pro t country would be studied in: B. ... If 1 USD costs 4 BRL (1 BRL=0.25 USD) and the BRL depreciates the new exchange ... Found inside – Page 124A. Measure of value B. Medium of exchange C. Store of value D. None of these 1073. Which Michigan city is known for producing cereal? A. Goods that are ... Found inside – Page 48What is the Opportunity Cost of attending college? ... C. tariffs D. supply 367. increasing returns, diminishing returns, and negative returns are known as: ... Found inside13.1.1 Marginal cost Below the graph of the total product of labor and marginal ... point A and a quantity of 500, the law of diminishing returns sets in. Found inside – Page 21... (b) Return inwards (c) None of the above (d) Sales return The concession given by the supplier to the buyer on purchases of goods is known 2łS. Found inside – Page 14(a) Price of the product (b) Need recognition (c) Customer satisfaction (d) ... In order for exchange to occur : (a) a complex societal system must be ... 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