537. Under Defined Benefit type, the benefit payable is independent of

By Administrator / August 24, 2025

Contributions

Investment earnings

Both A & B

None of the above

✅ The correct answer is C.
Under Defined Benefit type, the benefit payable is independent of Contributions and Investment earnings.

534. Number of shares outstanding if it is divided by net income for using to calculate

539. Which of the following statements are correct? i. The sum assured under group insurance is not fixed by the individual member. ii. A person whose proposal is declined under individual scheme can get insurance under group policy.

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

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

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