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Q. ……………….means cash and other assets which are expected to be sold or consumed during the normal operating cycle of business.

Q. Which of the following is a period cost?

Q. ………….cost represents the amount of any given volume of output by which aggregate costs are changed if the volume of output is increased by one unit.

Q. At Break even point contribution will be equal to …………….

Q. ……………….journal is used to record credit sale of goods

Q. Which of the following best describes a fixed cost ?

Q. ………………. are prepared so as to provide time perspective to the consideration of various elements of financial position embodied in such statements.

Q. Management accounting has a ……….. scope than cost accounting.

Q. …………….assets are those which in the ordinary course of business can be converted into cash within a short period of time.

Q. Which among the following is not an example of cash flow from operating activities ?