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

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

Q. There are four methods of government procurement. Which is not one of these methods?

Q. Which of the following is not a function of purchasing management?

Q. __________ is based on information gathered and analyzed about demand and supply. this forecast provides a prediction of short and long term prices and the underlying reasons for those trends.

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

Q. ……………………is the head of the purchase department.

Q. Which one of the following is not included in the 5 R in purchasing?

Q. The expenses which can be directly charged to jobs, products, processes, cost centers or cost units is termed as

Q. The minimum stock level is calculated as