The subscription paid in advance is treated in the balance sheet of a club as?
A surplus
A liability
A deflicit
An asset
Correct answer is B
No explanation has been provided for this answer.
The major festure of not-for-profit-making-organization is that they are formed?
To use accumulated fund to described the net amount owed to members
Mainly to improve the welfare of her member
To engaged in trading activities to sponsor its activities
In order to compute the receipts and payment account
Correct answer is B
No explanation has been provided for this answer.
Value of party finished goods
Value of finished goods sold
Sales less cost of goods sold
Value of goods produced
Correct answer is A
No explanation has been provided for this answer.
Prime cost
Indirect cost
Total cost
Direct cost
Correct answer is B
No explanation has been provided for this answer.
The cost that are directly traceable to the the goods being produced is?
Party manufactured goods
Overhead cost
Total factory expenses
Prime cost
Correct answer is D
No explanation has been provided for this answer.