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Q. Depreciation is a ………….. Expense

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. Weighted average method is a generally accepted accounting principle?

Q. US GAAP allows FIFO, LIFO and Weighted average method to value stock?

Q. Statement prepared to show the different elements of cost

Q. Cost reimbursable contracts are equivalent to:

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

Q. In account ting for labour cost:

Q. The branch of accounting dealing with the classification, recording, allocation, summarization and reporting of current and prospective costs is known as

Q. ……….. is the first and most important element of cost.