Costs that change in response to alternative courses of action are called___________?

Related Mcqs:

Specialized journals are more adequate for which TYPE OF BUSINESSES?

A. Small businesses B. Big businesses C. Sole proprietorship D. Partnership...

Which of the following accounts will be debited if the business’s owner withdraws cash from business for his personal use?

A. Drawings B. Cash C. Business D. Stock...

Tax deducted at source A/c appears in___________?

A. Assets side B. Liability side C. Profit & Loss A/c D. Debited to Capital A/c...

Which of the following equations is correct?

A. Gross Profit+ Sales+ Direct expenses+ Purchases+ Closing stock = Opening stock B. Gross Profit+ Sales+ Direct expenses+ Purchases- Closing stock = Opening Stock C. Gross Profit + Opening Stock + Direct expenses + Purchases- Closing stock = Sales D. Gross Profit – Opening Stock + Direct expenses + Purchases +Closing stock = Sales...

The Balance Sheet gives information regarding the____________?

A. Results of operations for a particular period B. Financial position during a particular period C. Profit earning capacity for a particular period D. Financial position as on a particular date...