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Q. An opportunity cost is a………..

Q. Cost of production is also called ………………..if there is no selling and distribution expense

Q. The document prepared on receipt of materials in store is known as

Q. Consumables are treated as……………overheads in cost sheet.

Q. The following classes of costs are usually involved in inventory decisions except

Q. Direct expense are also called ……………………. Expenses.

Q. Costing is a technique of……….

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

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

Q. The cost that remains unchanged in spite of change in volume of production is known as………….