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Q. On the basis of ……………… cost can be classified into fixed and variable.

Q. In automobile industry cost unit is…………

Q. costing is used in transport undertaking.

Q. A location, person or item of equipment for which costs may be ascertained and used for the purposes of cost control is known as .

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

Q. Purchase order is a legal binding contract only if it is

Q. The receipt of…………….is the first step in purchase procedure.

Q. In account ting for labour cost:

Q. The expenses which can be directly charged to jobs, products, processes, cost centers or cost units is termed as

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