968. The only payment system that is instantly convertible without intermediation is _______.

By Administrator / August 24, 2025

Credit card

Accumulating balance

Stored value

Cash

✅ The correct answer is D.
The only payment system that is instantly convertible without intermediation is Cash.

967. On which of the following does amount of annuity payable depend? 1. Principal sum of money 2. Investment period 3. Rate of return 4. Duration of annuity payments

970. Cost that has elements of variable and fixed costs at same time is

1. If direct material cost is $5500 and prime cost is $25000, then direct manufacturing labour would be

Leave a Comment / Art, Costing / By Administrator

2. LIFO method of pricing of materials is more suitable when _________.

Leave a Comment / Art, Costing / By Administrator

Related Posts

Leave a Comment Cancel Reply