It is the amount of expenditure actual or notional
“incurred on”
or “attributable”
“Actual” refers to expenses paid in Cash / Cheque.
“Notional” refers to expenses not to be settled in cash.
eg. Depreciation, Salary to owner, Rent for owned Premises.
“Incurred on” refers to expenses which are directly related to the product.
“attributable” refers to expenses which are not directly related to the product.

Advertisement
Advertisement
The following two tabs change content below.
MT UVA- University, Vocational and Affiliated Education for BMS
0 Comments

Leave a reply

Your email address will not be published. Required fields are marked *

*

*

BMS.co.in is aimed at revolutionising Bachelors in Management Studies education, also known as BMS for students appearing for BMS exams across all states of India. We provide free study material, 100s of tutorials with worked examples, past papers, tips, tricks for BMS exams, we are creating a digital learning library.

Disclaimer: We are not affiliated with any university or government body in anyway.

©2019 BMS - Bachelor of Management Studies Community 

A Management Paradise Venture

Ask Us On WhatsApp
or

Log in with your credentials

or    

Forgot your details?

or

Create Account