Answer Posted / shanthi gnanadurai
DIRECT EXPENSES ARE THOSE EXPENSES WHICH ARE RELATED TO THE
MAIN BUSINESS ACTIVITY OF THE BUSINESS AND IT DIFFERS WITH
THE NATURE OF THE BUSINESS FOR EX. IN PRODUCTION ORIENTED
BUSINESS RAW MATERIALS,WAGES,FREIGHT ETC. IN MANAGEMENT
ORIENTED BUSINESS ALL ADMINISTATIVE EXP. ARE DIRECT
EXPENSES.
INDIRECT EXPENSES ARE THOSE EXPENSES WHICH ARE INCURRED FOR
UNPRODUCTIVE REASON BUT HELPS SMOOTH FLOW OF BUSINESS FOR
EX.DEPRECIATION OF MACHINES,SINKING FUND,INSURANCE ETC.
Is This Answer Correct ? | 10 Yes | 1 No |
Post New Answer View All Answers
what tax will be on puchasing of sweets and is necessery to use form 38.
Breif notes about accounting standards
i m a student of icwai i have just passed out my foundation and i wanna no if i should go for both intermediate group together or not....
where does the closing stock appears in the trial balance?
Mention some of the major contributions made by you in your present and previous jobs
What is the difference between horizontal balence sheet & vertical balence sheet explain in detail.
I was born on 4th may 1981 iam i eligible to apply for SBI clerical job vacancy
is indian bank or canara bank CBS brach?
what is circuit filter?
how many schedules are there in accounting?
what is Exposure ?
what is the organisation chart for accounting and finance ?
Entrance Exam question & Answer required
What z d diff of accounting principle,accounting standard,accounting rules,accounting procedures,accounting concepts??????
What is the basic difference between pledge, hypothication and mortgage????