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Q. The term…………………. is comprehensively used to include various aspects such as costing, cost accounting, cost control, cost audit and budgetary control.

Q. Which of the following is true for Inventory control?

Q. The contract is signed at the end of the:

Q. ……………….covers accounts of whole business relating to all commercial transactions.

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

Q. Rent on own building is a ………………..

Q. If the total cost of a product is Rs.25, 000/- and the sales figure is 47,000/-, then the product is in…………by Rs.22, 000/-.

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. All workers who are directly engaged in manufacturing activity are known as ……………labour.

Q. “Hedging” technique is used