In manufacturing and processing societies by-products may be valued at their ……………………..

Related MCQs

• In the case of non trading societies such as Co-operative Education Societies, hospital, societies and similar other types of societies, which do not undertake trading activities, it is common to term the “Profit and Loss Account” as…………..
• In farming societies producing crops with an annual cycle the basis of valuation of by products may be …………………
• According to …………….Herrick, it is “the act of poor persons voluntarily united for utilizing reciprocally their own forces, resources or both, under their mutual management to their common profit or loss”.
• Societies the overdues of which exceed 40% and which are moribund are to be classified as ………………..
• In ………………………. Central Banks, the arrears under principal may exceed 20% but should not exceed 40% of the demand. There may be interest overdues but it should not exceed 10% of the demand.
• Arrange the following in proper order. 1. Step 4 Select the best alternative. 2. Identifying/clarifying the decision to be made. 3. Step 6 Evaluating the decision 4. Step 3 Gathering/processing information and Analyze the alternatives 5. Step 5 Making/implementing the decision 6. 2 Identifying possible decision options.
• ……………..is not shown in Manufacturing Account.
• A ……………………. institution is a voluntary association of independent economic units, organized, capitalized and run by, and for its members, providing and/or marketing goods and services on cost-to-cost basis to their members.
• ……………are certain assets which represent capital expenditure which may not have resulted in identifiable profit earning assets and which still remain to be written off.
• Where it is possible written notice must be sent to all members at their official addresses at least ………………………prior to annual and extraordinary general meetings