Short working is ………….
A) Excess of minimum rent over the actual royalty
B) Excess of actual royalty over minimum rent
C) Excess of standard output over Actual output
D) None of the above
Correct Answer:
Verified
Q5: Short working = …………………- Royalty Payable
A)Minimum rent
B)Capital
C)Cash
D)None
Q6: The minimum rent can ……………………….be proportionately, if
Q7: Royalty is a revenue expenditure to lessor
A)True
B)False
C)none
D)all
Q8: minimum rent is also term as dead
Q9: Royalty Account is ……
A)Nominal account
B)Real account
C)Personal Account
D)None
Q11: Surplus is…………….
A)Excess of minimum rent over the
Q12: When the royalty are less than the
Q13: Which of the following statement is false?
A)Recoupable
Q14: Which of the following statement is false
A)If
Q15: In the books of Lessee , short
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents