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Q. Explain Productivity linked bonus?
The grant of productivity-linked bonus is intended to provide substantial motivation towards achieving higher productivity by way of increased out put by the employees and improved quality of service.
The productivity shall be determined on the basis of revenue traffic tone kilometers achieved each year, derived from thee audited and financial year 1977-78 has been adopted as base year for this purpose.
The scheme is applicable to -
a) All Railway employees other than Railway protection force.
b) Casual Labour having temporary status and substitutes with not less than 120 days continuous service.
c) Daily rated casual labour employed of projects having completed continuous service of 180 days.
Fair value adjustment IFRS 3 requires that goodwill on consolidation should be based on the fair values of the net assets of the subsidiary company on the date of acquisition. T
Receiver necessary statement The receiver may, if necessary, require the statement to be submitted by: Past or present officers of the company Persons who have taken
all types of assets
compute the arithmetic mean rate of return and standard deviation of rates of return for the two series
Business start up accounting transactions: Jane Whitfield, a sole proprietor, established the JW Flower Shop on January 2, 2010. The following transactions have occurred during
5. A stockholder named Sue must cast a vote for chair of the board. Sue prefers Mr. Lee to Ms. Doe, Ms. Doe to Mr. James, and Mr. James to Mr. Lee. a. Are Sue's preferences c
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Q. Explain the Matching Principle? Matching Principle - A basic concept of basic accounting. In any one given accounting period, you must try to match the revenue you are repor
What points is necessary to meet users requirements To meet these users' requirements, it can be argued that accounting information must possess certain key qualities, or chara
To decide in what zone should be placed a store which sells video-cassettes, the manager of a firm which sells and rents cassettes makes a study to estimate the demand for each sto
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