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Q. The document prepared on receipt of materials in store is known as

Q. Direct Labour Cost is also known as…………

Q. The system of purchasing from one’s customer preferred to others is known as

Q. The term………..refers to all commodities that are consumed in the process of production, assembly and fabricated parts

Q. The methods of job evaluation include:

Q. The organisation of the purchase department depends on the…………..of the organisation and its likely quantum of purchase.

Q. The __________ specification describes, defines or specifies the goods / services to be supplied. Performance

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

Q. The term…………………. is comprehensively used to include various aspects such as costing, cost accounting, cost control, cost audit and budgetary control.

Q. In cost sheet the expenses on discount allowed are considered under………………overheads.