Which of the following is/are not a purpose of time keeping — (i) Ascertaining labour cost of a job/product/activity (ii) Evaluating labour performance by comparing actual and budgeted time (iii) Providing internal check
CS Executive · Cost and Management Accounting · PYQS · June 2016
Which of the following is/are not a purpose of time keeping — (i) Ascertaining labour cost of a job/product/activity (ii) Evaluating labour performance by comparing actual and budgeted time (iii) Providing internal check against dummy workers. Select the correct answer from the options given below
Answer & Explanation:
Correct Answer: Option (D)
Official answer key: (D).
Topics: Labour Costing
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