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Q. The cost of insurance and taxes are included in

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. ……………….formsthe basis of entries to the stores ledger.

Q. The aggregate of indirect material, indirect labour and indirect expenses in termed as…………….

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

Q. Direct expenses are also known as ……………..expenses.

Q. In the formula of Economic Order Quantity, the alphabet ‘O’ stands for………….

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

Q. Purchase Budget has an impact on

Q. The amount of expenditure incurred on, or attributable to, a specified thing or an activity or cost unit is known as