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Q. Cost accounting has been developed because of………………financial accounting.

Q. The…………….must maintain a proper classified record of all purchases, uses and stock of materials.

Q. The purchasing view of the material master is relevant at what organizational level?

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

Q. Cost accounting is based on……………..figures.

Q. ……………….is concerned with ascertainment of cost.

Q. ………………….. Cost per unit does not change with change in activity level

Q. In automobile industry cost unit is…………

Q. The ………………include all types of expenses other than direct materials and direct labour which are incurred for a particular product or job.

Q. Average stock level can be calculated as