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Q. __________ is a request for interim stoppage of work due to non conformance, funding or technical considerations.

Q. …………..cost represents the increase or decrease in total cost which occurs with change in output.

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. costing is used in transport undertaking.

Q. …………………helps the management to eliminate inefficiencies caused by material wastage, use of obsolete machinery, improper planning etc.

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

Q. The cost of activities relating to create and stimulate demand for company’s products and to secure orders is known as……….overheads.

Q. The Bid Evaluation process is characterized by all of the following activities except?

Q. The optimum level of inventory is popularly referred to as the ………..

Q. Statement prepared to show the different elements of cost