In farming societies producing crops with an annual cycle the basis of valuation of by products may be

In farming societies producing crops with an annual cycle the basis of

1.	In farming societies producing crops with an annual cycle the basis of valuation of by products may be
A.	the selling price
B.	cost
C.	predetermined prices
D.	average prices
Answer» B. cost

Discussion

No Comment Found

Related MCQs

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.
In the words of , cooperation is, a form of organisation wherein persons voluntarily associate together as human beings on a basis of equality for the promotion of economic interest of themselves
is, a form of organisation wherein persons voluntarily associate together as human beings on a basis of equality for the promotion of economic interest of themselves .
A has been defined as an economic and social organisation of the working people, serving not only interest of the members, but also social progress, which promotes safeguards and realizes the interests and aspirations of the working people .
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 .
A .society is a union of weak and needy individuals who have equal rights and has one vote irrespective of the number of shares held by him.
..helps a manager shape the future of the organization rather than being caught in an endless trap of reacting only to current crises or problems.
is concerned with determining the specific activities needed to accomplish the planned objectives and goals.
..is concerned with assigning the activities to specific positions and people; and providing means for coordinating the efforts of individuals and groups.
Organizing is a bridge connecting the planned objectives to specific projects for accomplishing these objectives.

In farming societies producing crops with an annual cycle the basis of valuation of by products may be

Discussion

No Comment Found

Related MCQs

Reply to Comment