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Q. Budget of indirect costs in the form of indirect wages, indirect material and indirect expenses in the factory is .

Q. ……….is the consolidated summary of the various functional budgets.

Q. Creditors turnover ratio is also called .

Q. ……………….is used primarily for control of spare parts.

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

Q. P/V Ratio is an indicator of .

Q. Which one of the following is not considered for preparation of cost sheet?

Q. The budget prepared for replacement of assets, expansion of production facilities, adoption of new technologies etc. is .

Q. Under marginal costing stock are valued at .

Q. The cost of......................process loss is absorbed in the cost of production of good units.