English

ASSERTION: Consumable stores, oil lubricants and cotton waste, printing and stationery material, nails, glue and polish used in making furniture, etc., are a few examples of indirect material.

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Question

ASSERTION: Consumable stores, oil lubricants and cotton waste, printing and stationery material, nails, glue and polish used in making furniture, etc., are a few examples of indirect material.

REASONING: Such material may be used in the factory, office or selling and distribution division.

Options

  • A is true, and R is the correct explanation for A.

  • A is true, and R is not the correct explanation for A.

  • A is true, but R is false.

  • A is false, but R is true.

MCQ
Assertion and Reasoning
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Solution

A is true, and R is the correct explanation for A.

Explanation:

These items (consumables, lubricants, stationery, nails, glue) cannot be conveniently traced to specific units and are used across factory, office or sales divisions; hence, they are indirect materials, and R explains A.

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Chapter 8: Fundamental Concepts of Cost - EXERCISES [Page 152]

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Goyal Brothers Prakashan Commercial Studies [English] Class 10 ICSE
Chapter 8 Fundamental Concepts of Cost
EXERCISES | Q 46. | Page 152
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