Q.
1
a. When there are cost overruns because of delay in commencement of commercial production by more than 6 months
b. The enterprise incurs losses for 2 years or cash loss for one year
c.The capacity utilization is less than 50 percent of the projected level in term of sales
d. There is an erosion in the net worth due to accumulated cash losses to the extent of 50 percent of net worth during the previous accounting year
Which one of the following is correct?
-
A
(a) and (b) only
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B
(a), (b) and (c) only
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C
(b) and (c) only
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D
(a), (b), (c) and (d)