Related Posts

Q. ……………… is concerned with accounting and recording of costs.

Q. The Bid Evaluation process is characterized by all of the following activities except?

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

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

Q. ‘Buffer stock’ is the level of stock

Q. ………….is applied where production is carried out as per specific order and customer specifications.

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

Q. If WIP opening stock is 10,000 units, work done in the period is 13,000 and WIP closing stock is 5,000 units. The equivalent completed unit during the period is:

Q. The Economic Order Quantity (EOQ) is calculated as

Q. ………………cost is predetermined cost for each element of cost.