Test your knowledge about Final Accounts of financial accounting. These are basic true/false questions.
Currently there are 10 questions. (Vol 1)
Each question has a time limit of 15 seconds (unless specified otherwise)
To pass, you must get 70% Marks.
Download links are also given, and it is advised to download first and then attempt the test (particularly if you have slow internet connection)
Finally, don’t forget to give feedback (error, suggestion, appreciation criticism etc). comment below (at the end of the page) to convey your message.
Continue reading “Final Accounts Questions (MCQs and True False)” →
This is the third video lecture on ‘cvp analysis charts and graphs chapter’. In the previous lectures we learned how to construct breakeven charts. In this lecture you will learn how to draw P/V chart. It is assumed that you have watched previous lectures. (If not click here)
Continue reading “Video Lectures::: Profit Volume Chart” →
There are two types of variances in case of labour.
1) Wage Rate Variance
If the variance is occuring due to the difference in wage rates (Actual v.s Standard), then it shall be called wage rate variance.
2) Labour Efficiency Variance
Efficiency relates to the labour hours. Let us suppose that we Continue reading “Variance Analysis :: Labour Variances” →
In this lecture formula for Material Variances are given. You can print them. These formula have been simplified, and are easy to remember. If you have any question or complaint, feel free to comment below.You can download this Tutorial by right clicking on the picture and save target as Continue reading “Variance Analysis | Material Variances” →
Watch the tutorial and Learn how to draw break even chart. Don’t forget to leave a comment below.If you have any question, or suggestion, you can ask below in the comments area Continue reading “Video Lecture::: CVP Analysis Break Even Chart” →
This is part 3 of the topic “General and Factory Ledger”. To see part 1 click here, and for part 2 click here.
You can download this Tutorial by right clicking on the picture and save target as Continue reading “General Ledger Factory Ledger Part 3” →
Different FOH variances and their formula are given below In the Pictorial printable lecture. A check to ensure you have done the question right is also given.You can download this Tutorial by right clicking on the picture and save target as Continue reading “Variances|Factory Overhead” →
There are two types of rates.
1) Blanket Rates
This is the rate used for the whole organization. Every department in the organization use single Rate. Continue reading “Types Of Rates !Factory Overhead” →
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