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Q. The minimum stock level is calculated as

Q. The term…………………. is comprehensively used to include various aspects such as costing, cost accounting, cost control, cost audit and budgetary control.

Q. The ………………include all types of expenses other than direct materials and direct labour which are incurred for a particular product or job.

Q. Statement prepared to show the different elements of cost

Q. Office overheads are also known as …………….overheads.

Q. When job is very big and spread over long periods of time the method of costing adopted is……

Q. Fixed price and incentive type contracts place responsibility for performance and financial risks associated with delay or non-performance on the:

Q. ……………….cost is partly variable and partly fixed.

Q. ………………is a statement showing cost of production of a particular product.

Q. In cost sheet the expenses on discount allowed are considered under………………overheads.