What is Norms?
Submitted by: AdministratorNorms : The committee suggested 15 industries excluding engineering industries. These norms were suggested in following forms:
a. For Raw materials: Consumption in months
b. For Work in Progress: Cost of production in months
c. For Finished Goods: Cost of Sales in months
d. For Receivables: Sales in months
Submitted by: Administrator
a. For Raw materials: Consumption in months
b. For Work in Progress: Cost of production in months
c. For Finished Goods: Cost of Sales in months
d. For Receivables: Sales in months
Submitted by: Administrator
Read Online Working Capital Management Job Interview Questions And Answers
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