……………….. process loss should be transferred to costing profit and loss account

Related MCQs

• If the contract is almost complete , the amount of profit generally transferred to profit and loss account is equal to
• If the contract is almost complete, the amount of profit generally transferred to profit and loss account is equal to
• In ………… costing separate account “ process A/C ” is kept for each process
• The loss incurred on an incomplete contract is transferred to ……… account
• Contract costing is a basic method of …………….. costing
• Job costing can also be called as ……………….. costing
• Marginal costing is a…………of costing
• The valuation of stock, in marginal costing, as compared to absorption costing is
• Cost of one process may be transferred to the next process at
• Profit planning is possible with…………costing