Answer Posted / uday
Sunk cost is Past cost and it will not reversed because it
is immaterial cost and there is no use to make the decision
making. for eg: If u Have one bike but your employer
offering fuel allowance per km Rs.2/- for Bike and Rs.3/-
for car. but already you have one bike so you can get only
Rs.2/- for Bike so that car cost is Rs 3/- is sunk cost
because you can know the cost only but it cannot be reversed.
| Is This Answer Correct ? | 1 Yes | 0 No |
Post New Answer View All Answers
Short Answer on _____________Whole Sale Trade
What is the meaning of Receipt & Payment, Income & Expenditure, Profit & Loss A/c? Under What cercumstances these are prepared?
how can make configration related with electronic bank statment and how can i upload bank statment to system
What is discounting accounting and why depriciation of assets are mention in dicounting accounting?
HI i have been shortlisted for the Syndicate bank PO post. Can any one guide me about the interview questions..and answers?
why do you want to work here?
Deposited Rs 25000 in Canara Bank of ABC co towards dealership deposit thru our SBH Bank Pass necessary entry
What is Accommodation Bill
Name the Accounting Concepts
How can we display last five years sales in tally
What are the benefits ofparticipation in a depository?
Short Answer on __________Revenue
what is the main link between the income statement and the balance sheet?
last date of tds deposit yearly,tds proforma challan
what is cost audit?