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Q. Retention money serves as a ………with the contractee.

Q. . The total cost of a product will include:

Q. Per kilometer is an example of……………..cost unit used in transport undertakings.

Q. A computerised job accounting system contain which of the following features:

Q. The sum of value of work certified and uncertified appearing in the Contract Account is called ……………..

Q. All such expenses which are incurred for creating and enhancing the demands for the products are

Q. The cost of abnormal loss is built into inventory.

Q. The job costing method can therefore be applied in costing batches. The only difference is that a number of items are being costed together as a single unit, instead of a single item or service.

Q. In service cost sheet costs are classified into :

Q. It is possible to have abnormal loss and abnormal gain on the same process account in the same period.