PPM Objective Set 5

Q1: Corporate profits included in disposable personal income are  AnswerAnswer: Dividends Q2: Cost of idle time arising due to non-availability of raw material is  AnswerAnswer: Charged to costing profit and loss A/C Q3: Cost of sales include  AnswerAnswer: DepreciationGeneral expenses Q4: Cost plus contract is useful from the point of view of  AnswerAnswer: Both contractor…

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