Use the following information to answer the given question : The prime cost is

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The amount of money granted by government to public institutions to meet recurrent expenditure during a fiscal year is

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Which of the following is the basis of accounting in public service?

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An expense is said to be revenue in nature if it

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A unit of company’s capital which can be bought is

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The price paid by an acquiring company is

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Use the following information to answer the given question : Total overhead cost is

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When both debit and credit entries in respect of a transaction are made in the same ledger account, this is

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The class of shareholders who are paid last in the event of wedding-up are

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A class of preference shares in which dividend rights are carried forward is

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The excess of current assets over current liabilities is

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Goodwill is taken into account in partnership when

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