Which of the following items is to be included both in cost accounts and financial accounts —

CS Executive · Cost and Management Accounting · PYQS · December 2014
Which of the following items is to be included both in cost accounts and financial accounts —
(A) Salary of the proprietor
(B) Rent on owned premises
(C) Notional interest on capital employed
(D) Salary to staff.

Answer & Explanation:

Correct Answer: Option (D)

Correct answer: (D) Salary to staff..

Topics: Cost Accounting Fundamentals

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