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Q. Purchase…………..is to be prepared to know what to buy, what should be the quantity, quality and price.

Q. Which one of the following is not included in the 5 R in purchasing?

Q. Weighted average method is same as:

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

Q. ………………………..is concerned with formulation and / or application of principles, methods and techniques of costing.

Q. Material, Labour and Expenses are the three important…………. of cost.

Q. __________ is a formal invitation to submit a price for goods and / or services as specified.

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

Q. The methods of job evaluation include:

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