Related Posts

---

Q. The evolution of cost accounting took place because of…………………….of financial accounting.

Q. The branch of accounting dealing with the classification, recording, allocation, summarization and reporting of current and prospective costs is known as

Q. The stock level at which the storekeeper initiates purchase requisitions is known as………….

Q. The order cost per order of an inventory is Rs. 400 with an annual carrying cost of Rs. 10 per unit. The Economic Order Quantity (EOQ) for an annual demand of 2000 units is

Q. Weighted average method is a generally accepted accounting principle?

Q. …………is an extension of job costing.

Q. Marginal costing is also known as ………………….. costing

Q. __________ is a written order directing the contractor to make changes according to the provisions of the contract documents.

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

Q. If WIP opening stock is 10,000 units, work done in the period is 13,000 and WIP closing stock is 5,000 units. The equivalent completed unit during the period is: