List  I List II (a) Value added Model (i) It is based on the process audit thereby evaluating the corporate social performance (b) Bauer-Fenn Model (ii) It takes into account the social benefits and costs (c) ABT Model (iii) It reflects the impact of a business enterprise on its employees, the local community and […]

  List  I List II (a) ABC Inventory Control System (i) Developing ancillary units around the manufacturing sites and supplying parts to manufacturing units (b) Just-in-time (JIT) System (ii) Enables a company to easily track large items of inventory (c) Outsourcing System (iii) It eliminates the necessity of carrying large inventories and saves carrying cost. […]

Assertion (A): The important aspect of dividend policy is to determine the amount of earnings to be distributed to shareholders and the amount to be retained in the firm. Reason (R): Dividend policy of the firm has its effect on both the long term financing and the wealth of shareholders. Codes:  

List  I List II (a) Principle of Separate Entity (i) Valuing Plant and Machinery at cost less depreciation (b) Principle of Conservatism (ii) Recording punctuality and honesty of employees of an organization (c)Principle of Money Measurement (iii) Capital contributed by proprietor is shown as liability in Balance Sheet (d) Historical cost concept (iv) Valuing inventories […]