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Expense Side of Statement of Profit and Loss

Which of the ...

Question

Which of the following will not improve the efficiency of labour?

A

Steel

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B

Software

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C

Engineering goods

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D

Telecommunication services

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Solution

The correct option is B Steel
Steel is a material used to produce goods and does not improve the efficiency of labour.

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Statement of Profit and Loss

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Expense Side of Statement of Profit and Loss

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