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Q. The conventional Break-even analysis does not assume that .

Q. Principle’ for preparation of working capital statement -Increase in current liability .

Q. Material consumed is Rs. 5,00,000 Opening stock of raw material is Rs. 50,000 and Closing stock of raw material is Rs. 25,000. What is the cost of raw material purchased?

Q. Budgeting system…................ key managerial functions.

Q. Break - even point occurs at 40% of` total capacity, margin of safety will be .

Q. Depreciation is… ........................expenditure.

Q. Under marginal costing, stocks of finished goods and work-in-process are valued at …………….. costs only

Q. Return on equity is also called

Q. In production budget opening stock is deducted with .

Q. …………does not form part of production.