The turnover during that period in the twelve month immediately before the date of damage which corresponds with the indemnity period is called ……………………………….

Related MCQs

• The account prepared to find out the stock as on the date of fire is known as ……………………………… trading accounts.
• It is ………………………….. to ascertain the value of stock as on the date of fire
• …………………….. is prepared to find out the stock as on the date of fire
• Interest accrued up to the date of sale of investments added to……………………………..Price.
• The account prepared to find out the stock as on the date of fire …..
• When a fixed asset is destroyed ,the loss of such asset on the date of fire can be ascertained from
• Net claim on under insurance is equal to Loss of stock x value of stock On the date of fire
• At the time of calculating insurance claim , the average clause is ………………. If the value of stock at the date of fire was more than the policy value.
• Investment made for long period are called ……………………
• ………………………. Is the difference between standard sales and actual sales of dislocated period