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Q. ……………..cost is the cost of commodities supplied to an undertaking.

Q. The stock level at which the storekeeper initiates purchase requisitions is known as………….

Q. The methods of job evaluation include:

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

Q. …………..cost represents the increase or decrease in total cost which occurs with change in output.

Q. Definitive contract terms are spelled out in the:

Q. Operating costing is applicable to

Q. costing is used in transport undertaking.

Q. The Purchase…………….is a contractual document which authorizes the supplier to supply the material.

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: