The Technique and ………….of ascertaining the cost is known as Costing.

Related MCQs

• Classification of cost into factory cost, administrative cost, selling & distribution cost and research and development cost is done on the basis of…………...
• The term…………………. is comprehensively used to include various aspects such as costing, cost accounting, cost control, cost audit and budgetary control.
• Marginal costing is also known as ………………….. costing
• Costing is a technique of……….
• Every……………of cost is divided into direct cost and indirect cost.
• ………………cost is predetermined cost for each element of cost.
• In………………costing the cost of a group of products is ascertained.
• The expenses which can be identified with and allocated to cost centers and cost units are termed as……………..
• ………………………..is concerned with formulation and / or application of principles, methods and techniques of costing.
• Cost accountancy is the science, art and of cost accountant.