Statement-I : If any fixed asset remains idle due to abnormal or unusual events, it should be included in capital employed. Statement-II : Idle machines and tools required for normal operation of plant would not be inclu
CS Executive · Cost and Management Accounting · PYQS · December 2015
Statement-I : If any fixed asset remains idle due to abnormal or unusual events, it should be included in capital employed. Statement-II : Idle machines and tools required for normal operation of plant would not be included in capital employed. Select the correct answer from the options given below —
Answer & Explanation:
Correct Answer: Option (B)
Official answer key: (B).
Topics: Capital Employed
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