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Q. Material consumption budget is prepared on the basis of .

Q. Any transaction between a current account and another current account does not Affect .

Q. The budget which usually takes the form of budgeted profit and loss account and balance sheet is known as

Q. The budget prepared to estimate the research and development expenditure to be incurred during a specific period is .

Q. Direct cost incurred can be identified with .

Q. An increase in variable costs .

Q. Tender is an.

Q. Costing refers to the techniques and processes of

Q. Perpetual inventory system involves .

Q. Cost classification can be done in .