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Q. .........................Accounting is not only a positive science but also a normative science because it includes techniques of budgetary controland standard costing.

Q. Direct expenses are also called .

Q. Variable costs change..................................with change in output.

Q. An increase in selling price .

Q. If fixed costs decrease while the variable cost per unit remains constant, the new contribution margin in relation to the old contribution margin will be .

Q. Audit fess is a part of .

Q. The ratios which reflect managerial efficiency in handling the assets is.

Q. ……….represents that quantity of material which is normally ordered when a particular material reaches reordering level.