As Per 1904 Act Minimum Number of Persons Required to Register

question 19

Multiple Choice

As per 1904 Act minimum number of persons required to register a co-operative society?

• A)10
• B)20
• C)25
• D)9

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Definitions:

Administrative Expenses

Costs associated with the general operation of a company, which do not directly relate to the production or selling of goods or services.

Budgeting

The process of creating a plan to spend your money, outlining projected income versus expenses.

Activity Variance

The difference between the planned activity and actual activity levels, often used in budgeting and forecasting.

Servicing Materials

Items and supplies used in the maintenance and repair of machinery, equipment, or products to ensure their continued operation or use.