Work which has been done but not certified is called

Related MCQs

• The sum of value of work certified and uncertified appearing in the Contract Account is called ……………..
• The sum of value of work certified and uncertified appearing in the Contract Account is called
• The sum of value of work certified and uncertified appearing in the contract account is called
• If the amount of work certified is less than………of the contract price, then no profit should be taken to Profit & Loss Account.
• The work done beyond the normal work period is called: -
• Payment on the basis of the work done irrespective of the time taken by the worker is called:
• This sheet is the daily record of the work done by a worker on different jobs: -
• A company estimates its direct material requirements for the month of November 2014 to be Rs. 2,40,000 and the direct labour to be Rs. 1,500,00. It is the policy of the company to absorb overheads as under : Factory overheads 60% of direct wages Administrative overheads 20% of work cost Selling and distribution overheads 25% of work cost it is estimated that the selling and distribution overheads will increase by 15% in November the budgeted sales for the month of November 2014 is
• Cost Accounting has been developed becauseof……………… of Financial Accounting.
• Cost accounting has been developed because of limitation in:-