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.Management Sciences
A. Compensation paid to Directors on termination of their services
B. Expenditure incurred in connection with the renewal of a Trade Mark.
C. Gratuities paid to Directors on termination of their services.
D. Royalty paid in installments for the purchase of rights to manufacture and sell patient medicines.
Related Mcqs:
- Which of the following is the internal user of financial statements?
- A. Creditor of the business B. Government agency C. Shareholder of the business D. Manager of the business...
- Payment of expenses will ______ the assets
- A. Increase B. Reduce C. apportion D. Overstate...
- Difference in Bank Balance as per Pass Book and Cash Book may arise on account of_____________?
- A. Cheque issued but not presented B. Cheque issued but dishonoured C. Cheque deposited and credited by bank D. Both A. and B....
- 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...
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