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

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

Q. The cost unit for the Gas Industry is…………….

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

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

Q. Classification of cost into factory cost, administrative cost, selling & distribution cost and research and development cost is done on the basis of…………...

Q. On the basis of ……………… cost can be classified into fixed and variable.

Q. JIT contributed to the

Q. The cost of direct material is termed as…………..

Q. The expenses which cannot be directly identified with a particular unit or cost centre is known as …………………...