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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. …………is an extension of job costing.

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

Q. The total of works cost and administrative overheads is known as …

Q. Purchase order is a legal binding contract only if it is

Q. If cost of sales exceeds sales it will be

Q. The time period between placing an order its receipt in stock is known as

Q. ………. is the cost incurred in the part has no effect on future decision making

Q. Purchase…………..is to be prepared to know what to buy, what should be the quantity, quality and price.

Q. ………………. May be a location, a person, or an item of equipment or group of there