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Are the following statements true or false ? Give reasons. All purchased by a production unit from other production units are intermediate products. |
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Answer» Correct Answer - False . Because all such purchases are not necessarily used up for further production or resold during the year. For example , products like machines , vehicles , etc. are final products even though they are purchased by a production unit from other production units . Note : As per CBSE guidelines , no marks will be given if reason to the answer is not explained. False . Because all such purchases are not necessarily used up for further production or resold during the year. For example , products like machines , vehicles , etc. are final products even though they are purchased by a production unit from other production units . Note : As per CBSE guidelines , no marks will be given if reason to the answer is not explained. |
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