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Q. Given opening stock is Rs.20000, Direct expenses 10000, Closing stock 5000.Cost of goods sold is ……………………

Q. ………………..cost remains constant per unit of output irrespective of the level of output and thus fluctuates directly in proportion to changes in the volume of output

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. Responsibility accounting is used for ……………….

Q. Which among the following results in decrease of working capital ?

Q. Variable cost ratio is 60% Sales Rs.20000 and fixed cst Rs.5000, then profit will be ……..

Q. When fixed cost is deducted from contribution, the balance will be ……….

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

Q. The following is a recorded fact

Q. Which among the following is not a management accounting technique?