Related Posts

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

Q. ………. is the cost incurred in the part has no effect on future decision making

Q. The overhead cost incurred from the stage of procurement of raw material till the stage of production of finished goods is known as…… .

Q. The following classes of costs are usually involved in inventory decisions except

Q. The receipt of…………….is the first step in purchase procedure.

Q. On the basis of ……………… cost can be classified into fixed and variable.

Q. The process that may be used by an unsuccessful supplier to seek remedy for a non award of work is:

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

Q. Which of the following is not an inventory?