what are the reasons for the differnce in closing stock
value before and after stock taking? ( value after stock
taking is showing 2 lakhs higher)
Answer Posted / abhivirthi tax and industrial
Normally at the time of stock verification purchase value of items were considered and taken as closing stock. At the time of sale of such items the rate may differ either higher or lower according to market fluctuation. At present value of stock items were increasing in most of the items except few at the time of sale. That is the main reason between closing stock value before and after stock taking.
Reply From:
ABHIVIRTHI Tax and Industrial Consultancy
R.R.JAGADEESAN
VAT PRACTITIONER AND INDUSTRIAL CONSULTANT
H-63, Palaami Enclave, New Natham Road,
Madurai-625014.
Cell: 9994990599
| Is This Answer Correct ? | 2 Yes | 0 No |
Post New Answer View All Answers
6. Case Study:- A Failure to Communicate Could you come to my office for a minute, Bob?’ Asked Terry ( the plant manager ). Sure, be right there,” said Bob Gemson. Bob was the plant’s quality control director. He had been with the company for four years. After completing his degree in mechanical engineering, he worked as a production supervisor and then as maintenance manger prior to promotion to his present job. Bob thought he knew what the call was about. “But letter of resignation catches me by surprise,’ began Terry. “1 know that Wilson products will be getting a good man, but we sure need you here, too”. “J thought about it a lot, ‘said Bob, “but there just doesn’t seem to be a future for me here. “ “Why do you say that’?” asked Terry. “Well,” replied Bob, “the next position above mine is yours. With you only thirty- nine,. I don’t think it’s likely that you’ll be leaving soon. “The fact is that I am leaving soon,’ said Terry. “That’s why it’s even more of a shock to know that you are resigning. I think I’ll be moving to the corporate offices in .Tune of next year. Besides, the company has several plants that are larger than this one. We need good people in those plants from time to time, both in quality control and in general management.” “Well, I heard about an opening in the Cincinnati plant last year,” said Bob, “but by the time I checked, the job had already been filled. We never know about job opportunities in the other plants until we read about them in the company paper ‘All this is beside the point now. What would it take to get you to change your mind?” asked Terry. “I don’t think I can change my mind now,” replied Bob. “I’ve already signed a contract with Wilson.’ Questions (a) Evaluate the communication system at this company. (b) What actions might have prevented Bob’s resignation?
Give a relationship between concept, hypothesis and theory. What are the salient features and calssifications?
what is strategy and strategic planning?
In Excell Sheet how u can make daily production & accuracy report as per mis report?
A. What factor must be traded off by product development before introducing a new product? B. Explain the relationship between quality and productivity under the lean philosophy. B. Distinguish between pure and mixed strategies in production planning.
How successful were you and how do you know that?
Tell me about a situation where it was important that you established credibility with someone.
I heard about online data entry job and is this job safe, legal to do at home. How I will find a good online job to do at home ?
Who did you have to impress and why?
what are the reasons for chossing banking as u r carrer?
How do you plan to achieve these goals?
State your career goals five years from now.
Budgets are standing plans Policy is a single use plan Explain.
3. Explain the factors that influence group effectiveness.
the question asked in financial management , what will your out look towards maintenance of liquid assets to ensure that the firm has adequate cash in hand to meet its obligations at all times? i need this answer in 5 to 6 pages in brief