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Q. ………. Is the increase or decrease in total cost which results from producing or selling additional or fewer units of a product or from a change in the method of production or distribution such as the use of improved machinery, addition or exclusion of a product or territory or selection of an additional sales channel.

Q. Fixed costs Rs.6000, Profit required Rs.4000 and P/v ratio is 50% , then sales required will be………….

Q. An increase in current asset accompanied by the increase in current liabilities of the same amount will…………………

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 transaction involves flow of fund ?

Q. Marginal cost is the ……….cost of producing an additional unit of output

Q. Which among the following do not belong to the category of Accounting ?

Q. The Profit/Volume ratio or marginal ratio expresses the relation of ………… to sales.

Q. Indirect costs are also known as

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