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Q. Wages paid to direct labour are also known as………………wages.

Q. There are four methods of government procurement. Which is not one of these methods?

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

Q. Statement prepared to show the different elements of cost

Q. …………………….is a buffer stock level or safety stock level under which the stock should not be allowed to fall.

Q. The expenses which can be directly charged to jobs, products, processes, cost centers or cost units is termed as

Q. __________ is based on information gathered and analyzed about demand and supply. this forecast provides a prediction of short and long term prices and the underlying reasons for those trends.

Q. __________ is a register of suppliers invited to submit bids for goods / services as specified.

Q. Direct …………….are those which can be identified in the product and can be measured.

Q. The expenses which can be identified with and allocated to cost centers and cost units are termed as……………..