Such expenses which are included (even though they are not incurred) for taking managerial decisions are called………………

Related MCQs

• Expenses incurred during production other than direct materials and direct labour are called…………..factory expenses; those charged to production on estimated basis are called …………….
• The cost which is to be incurred even when a business unit is closed is a ____ cost.
• Costs which are ascertained after they have been incurred are called
• Costs incurred for the maintenance of inventory is called
• The excess of overheads absorbed over the actual amount of overheads incurred is called: -
• ……………..is the amount by which the absorbed overheads fall short of the actual amount of overheads incurred.
• Which of the following is not Selling and Distribution Expenses:
• An aggregate of indirect material, indirect labourand indirect expenses is called
• In a period Rs. 50,000 was incurred on indirect labour. In a Cost Ledger, the double entry will be:
• ……………….is the value of a benefit where no actual cost is incurred.