A fixed cost is fixed only in relation to
...A fixed cost is fixed only in relation to
The quality of goods produced
The quantity of goods sold
A given period of time and a range of activities
A given period of time and the nature of activity
Correct answer is D
No explanation has been provided for this answer.
\(\begin{array}{c|c} & \text{N} \\ \hline \text{Stock Jan 1} & 2000 \\ \hline \text{Purchase...
Accounting term used to describe the excess of current assets over current liabilities is ...
A sales day book is used to record ...
An evidence of payment issued to a government ministry by a revenue collector is ...
What is the effect of transaction when cash is paid into the bank? ...
\text{Capital} & 12,700 & \text{Purchases} & 7,100 \\ \hline \text{Debtors} & 4,...