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Q. The cost of direct material is termed as…………..

Q. The term………..refers to all commodities that are consumed in the process of production, assembly and fabricated parts

Q. Cost unit in a college may be…………

Q. Which contract type should be used by the owner on a high risk project?

Q. __________ is a request for interim stoppage of work due to non conformance, funding or technical considerations.

Q. ………. is the cost incurred in the part has no effect on future decision making

Q. …………………….is a buffer stock level or safety stock level under which the stock should not be allowed to fall.

Q. The process that may be used by an unsuccessful supplier to seek remedy for a non award of work is:

Q. Direct…………..enter the product and form a part of finished product.

Q. Classification of cost into factory cost, administrative cost, selling & distribution cost and research and development cost is done on the basis of…………...