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Q. Which of the following is usually a long-term budget?.

Q. Bin card is a record of.................. only.

Q. Budget designed to remain constant irrespective of the level of activity attained is called .

Q. ……….budget gives differentbudgeted costs for different levels of activity.

Q. The budget relating to.................... must be prepared first and the other budgets should be prepared in the light of that factor.

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

Q. Contribution margin is also known as .

Q. Depreciation of plant and machinery is a part of .

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

Q. One of the primary differences between marginal costing and absorption costing regarding the treatment of .