Comerce MCQs: Test Book

a/c XX absorption costing actual adjusting entry amount assets audit auditor average Balance sheet bank bill budget buyer called cash book coefficient of determination computed contract control account cost per unit cost system curve d)None debit Debtors decrease demand depreciation direct costing direct labor hours direct materials discount dividend e)None economic economic order quantity elasticity equal equation error expenses factory overhead FIFO financial statements finished goods inventory firm fixed costs govt gross profit income statement increase index number investment journal ledger control liability loss account manufacturing marginal cost normal output paid Pakistan payable payment perfect competition period person production costs Profit and loss purchase quantity ratio receipts received recorded Revenue expenditure sales tax selling share capital sold standard cost supply trade transaction Trial balance unit cost variable costs voidable wages Work-in-process inventory