.........................Accounting is not only a positive science but also a normative science because it includes techniques of budgetary controland standard costing.

Related MCQs

• The method of costing applied in biscuit industries is...................costing and in steel industry…............. costing.
• Process costing is also known as…......................costing.
• Operating costing is also known as........................costing.
• ……….includes financial and cost accounting, tax planning and tax accounting.
• costing is a type or technique of costing.
• ……….costing is a type or technique of costing.
• The method of costing used in a refinery is… .................. costing.
• Marginal costing is a …………… of costing
• Boiler house costing is an example of..........................costing
• Multiple costing is a technique of using two or more costing methods for ascertainment of cost by.