Cost accounts deal partly with facts and figures and partly with………

Related MCQs

• ................ costs are partly fixed and partly variable in relation to output.
• ………expenses are partly fixed and partly variable.
• Cost accounting is based on…......................figures.
• Unsuccessful research expenditure should be ......................... cost accounts.
• Preparing budget figures for different levels of activity within a range under flexible budgeting is .
• Cost centre and cost unit are……………………
• …….budget may be classified into material cost budget, labour cost budget and overhead budget.
• ……….cost is irrecoverable cost.
• Inventory turnover ratio = Cost of inventory consumed during theperiod ÷ Cost of ....................................................held during the period
• ………is a technique of material cost control which leads to low carrying cost as a result of low investment in inventory