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Q. Wages paid to carpenter is the example of direct…………...

Q. Cost accounting has been developed because of………………financial accounting.

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

Q. A location, person or item of equipment for which costs may be ascertained and used for the purposes of cost control is known as .

Q. The term……………..is defined as a system that ensures the provision of the required quantity of material of the required quality at the required time with the minimum amount of capital.

Q. Cost accounting is the art, science and …………… cost of accountant

Q. Which of the following is not an inventory?

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

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

Q. Weighted average method for inventory is permissible in: