On _____ of the contract entire profit is transferred to P & L A/c Options: A . &nbsp25% completion B . &nbsp50% completion C . &nbsp90% completion D . &nbspcompletion

On _____ of the contract entire profit is transferred to P & L A/c

Question

On _____ of the contract entire profit is transferred to P & L A/c

Options:

A . 25% completion

B . 50% completion

C . 90% completion

D . completion

Answer: Option D

Submit Your Solution Below and Earn Points !

Next Question

Question 1. __________ is debited to the contract A/c....

Question 2. Profit on each contract is computed every year on incomplete portion of the contract....

Question 3. A contract usually takes more than one year to complete....

Question 4. Cost incurred by undertakings which do not manufacture any product but services is....

Question 5. ________ labour cost is the remuneration paid to the employees who are directly engaged in the manufacturing operations....the employees who are directly engaged in the manufacturing operations

Question 6. Most of the costs in a contract are direct cost....

Question 7. Extra payment reuired to be paid for overtime work is called as overtime....

Question 8. If PVR=40%, MOS=50%, Sales=Rs....

Question 9. A high margin of safety indicates that....

Question 10. Break Even Point refers to the point in which....

Chapter 1 - GLOBAL STEEL SCENARIO & INDIAN STEEL INDUSTRY Part 1 : (13-04-2024) INDUSTRY AND COMPANY AWARENESS (ICA)

Direction Sense Test Part 1 Reasoning (Hindi)

Chapter 1 - RMHP / OHP / OB & BP Part 1 : (14-02-2024) GPOE

Cube & Cuboid Part 1 Reasoning (Hindi)

Data Interpretation (DI) Basic Concept Reasoning (Hindi)

Counting Figures Part 1 Counting Of Straight Lines Reasoning (Hindi)

Sail E0 free webinar Webinars

Real Numbers Part 7 Class 10 Maths

Real Numbers Part 1 Class 10 Maths

Polynomials Part 1 Class 10 Maths

Pie Chart - Test Paper 1 Data Interpretation Reasoning & DI

Tabulation - Test Paper 2 Data Interpretation Reasoning & DI

Test Paper 1 Direction Sense Test Reasoning & DI

ICA , RDIC,GFM Free Modal Test Paper - Non - Technical Branch Old Syllabus 2022 - SAIL Junior Officer E0

GFM Combined 1 Free Revision Test SAIL JO E-0