Questions

Direct Materials doesn't come under Fixed Cost because it vary with changes in the activity level of a business.

Fixed Cost :

A fixed cost is a cost that does not change over the short-term, even if a business experiences changes in its sales volume or other activity levels.

It is of some importance to understand the extent and nature of the fixed costs in a business, since a high fixed-cost level requires a business to maintain a high revenue level in order to avoid generating losses.

Examples of Fixed Cost are:

Insurance, Salaries, Rent, Property Taxes,...

India was one of the main centres of world trade and industry. Peter the Great of Russia was led to exclaim: “Bear in mind that the commerce of India is the commerce of the world and ... he who can exclusively command it is the dictator of Europe.”

STARTLING is a required 9 letter English word is still a word each time you remove a letter from the word. And how it is shown below: 

1. Remove the L, and the word becomes: STARTING

2. Remove one T, and the word becomes: STARING

3. Remove the A, and the word becomes: STRING

4. Remove the R, and the word becomes: STING

5. Remove the other T, and the word becomes: SING

6. Remove the G, and the word becomes: SIN

7. Remove the S, and the word becomes: IN

8. Remove the N, and the word becomes: I

Windheok is the capital of Namibia

The Institute of Chartered Accountants of India (ICAI) elected Nilesh Shivji Vikamsey as president and Naveen N D Gupta as vice-president. They have been elected for the year 2017-18. Vikamsey, who served as vice-president, has been a member of the ICAI since 1985. Gupta has been a chartered accountant for more than 20 years.