A system where accounting is established with responsibility
A) Responsibility accounting
B) Financial accounting
C) Cost accounting
D) Budgeting
Correct Answer:
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Q9: Profit on sale of machinery comes under------------
A)Investing
Q10: Sale of patent is classified under---------
A)Investing activity
B)Financing
Q11: Rent received by a company (whose main
Q12: AS-3 is related to
A)Cash flow statement
B)Funds flow
Q13: A system of control where persons are
Q15: A segment of activity for which cost
Q16: A segment of activity for which both
Q17: A centre at which proper utilization of
Q18: A segment of activity for which revenues
Q19: A segment of activity or area of
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