……………….covers accounts of whole business relating to all commercial transactions.

Related MCQs

• The cost of activities relating to create and stimulate demand for company’s products and to secure orders is known as……….overheads.
• The aggregate amount of all the items of expenses paid or payable for the particular product or service is called as
• The total of all direct expenses is known as ………
• All workers who are directly engaged in manufacturing activity are known as ……………labour.
• The ………………include all types of expenses other than direct materials and direct labour which are incurred for a particular product or job.
• The term………..refers to all commodities that are consumed in the process of production, assembly and fabricated parts
• The…………….must maintain a proper classified record of all purchases, uses and stock of materials.
• The …………………………will in all his activities carry out the policy of his organization with regard o buying
• The purchasing cycle consists of all the following elements except?
• The Bid Evaluation process is characterized by all of the following activities except?