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Q. The purchasing view of the material master is relevant at what organizational level?

Q. __________ is based on information gathered and analyzed about demand and supply. this forecast provides a prediction of short and long term prices and the underlying reasons for those trends.

Q. The order cost per order of an inventory is Rs. 400 with an annual carrying cost of Rs. 10 per unit. The Economic Order Quantity (EOQ) for an annual demand of 2000 units is

Q. Statement prepared to show the different elements of cost

Q. The Technique and ………….of ascertaining the cost is known as Costing.

Q. The __________ specification describes, defines or specifies the goods / services to be supplied. Performance

Q. Operating costing is applicable to

Q. The overhead cost incurred from the stage of procurement of raw material till the stage of production of finished goods is known as…… .

Q. …………………..does not deal with the accumulation, classification, analysis, allocation, summarization, interpretation, reporting and control of current and perspective costs.

Q. __________ is a register of suppliers invited to submit bids for goods / services as specified.