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Q. A purchasing operation does not contain this classification of work?

Q. The…………….must maintain a proper classified record of all purchases, uses and stock of materials.

Q. The document prepared on receipt of materials in store is known as

Q. The amount of expenditure incurred on, or attributable to, a specified thing or an activity or cost unit is known as

Q. …………..is the system of costing under which costs are determined after they have been incurred.

Q. The purchase order form is designed by

Q. ………………..purchase procedure should be installed to ensure that the purchases are made at favourable prices.

Q. Depreciation is a ………….. Expense

Q. Cost reimbursable contracts are equivalent to:

Q. Costing is a technique of……….