Answer Posted / abhishek gupta
sunk cost is the cost which has incurred in the past or in history and it could not be reversible in the present and future.
its also not useful to take decision in business.
example- like i purchased a bike of Rs. 80000 but after some time if we sell it could not be resale of rs. 80000.
so in breir we can say the it is the diffrence between purchase and sell price.
ABHISHEK GUPTA
Is This Answer Correct ? | 0 Yes | 0 No |
Post New Answer View All Answers
Expand-------NAST
What do you define in customizing for the payment program? FBZP (Any 2 Answer) • Bank subaccount ( BANK DETRMINATION SCREEN. ACCOUNTS) • Forms of the payment media ( PAYING COMPANY CODE) • Available amount (BANK DETERMINATION, AMOUNTS) • Assignments for the profit center • Prerequisites for the debit balance check
HOW MANY ACCOUNTING STANDARDS ARE PREVAILING IN INDIA AS DECLARED BY ICAI
Why it is necessary to use SAP in an industry? & What is the difference from other advance accounts software like Tally ERP 9? What is the importance of using GAAP for best management decission or why GAAP using by Top Management?
what is the nature of bill receivable and consignmenta/c
what is mba tell me the more benefits in mba
you buy a $100 asset. $25 cash, $50 debt, and $25 new equity. Explain how the 3 financial statements (IS, BS, CFS) will change.
i want the difference p&l a/c and Income and expediture statement
Pls Explain Accounting Standered 1,3,11,29
EXPAND_________SCM
The cost equation y= $0 + $1.60x represents which type of cost? Variable, Fixed, or Mixed
CLASSIFY THE FOLLOWING INTO REAL,NOMINAL AND PERSONAL- 1.unpaid salaries a/c 2.arvind mills a/c 3.arvind mills shares a/c 4.prepaid rent a/c 5.fire insurance premium a/c 6.life insurance premium a/c 7.petty cash a/c 8.loan given a/c 9.interest received a/c 10.loan received a/c
What exactly balance sheet depicts
Whether construction of office cum storage comes under CMA under Agriculture or Non Farm Sector
pl send me SBI previous question papers for clerical post to my email id :jahnavi_devi@yahoo.com