COST ACCOUNTING ENTAILS THE PROVISION OF INFORMATION
A. for investment purposes B. for decision making ✓ C. to shareholders D. to stockholders The answer to the question is: B. for decision making Cost accounting entails the provision of information primarily for decision making. Cost accounting is a branch of…
AN INCREASE IN PROVISION FOR DOUBTFUL DEBTS WOULD RESULT IN
A. decrease in net profit ✓ B. increase in net profit C. decrease in gross profit D. increase in gross profit The answer to the question is: A. decrease in net profit An increase in provision for doubtful debts would result in decrease in…
GROSS NATIONAL PRODUCT (GNP) LESS THE PROVISION FOR THE WEAR AND TEAR OF ASSETS IS THE
A. net factor income B. net indirect taxes C. net national product ✓ D. net present value The answer to the question is: C. net national product Net national product (NNP) is a macroeconomic measure of the market value of all goods and services…
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