In cost sheet the expenses on discount allowed are considered under………………overheads.

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 expenses which can be directly charged to jobs, products, processes, cost centers or cost units is termed as
• The expenses which can be identified with and allocated to cost centers and cost units are termed as……………..
• Direct expenses are also known as ……………..expenses.
• ……………………..expenses are also called as chargeable expenses.
• The term…………………. is comprehensively used to include various aspects such as costing, cost accounting, cost control, cost audit and budgetary control.
• Every……………of cost is divided into direct cost and indirect cost.
• ………………cost is predetermined cost for each element of cost.
• Material, Labour and Expenses are the three important…………. of cost.
• The expenses which cannot be directly identified with a particular unit or cost centre is known as …………………...