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Commerce Costing Difficulty: Medium

Last in first out method is suitable in times of . . . . . . . .

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The book in which credit note voucher is used for accounting is The primary source of information for recruiting is If future return on common stock is 14% and rate on T-bonds is 5% then current market risk premium will be Rent received by original tenant from sub-tenant is taxable under the head: Match the items in Column-I with the items in Column-2 Column-1 Column-2 a. Materiality concept 1. The same accounting method used by a firm from one period to another b. Going Concern concept 2. An inappropriate assumption of a firm being bankrupt c. Historical Cost concept 3. A normal basis used for accounting assets d. Consistency concept 4. Relates to the importance of an item or event