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Q. The expenses which cannot be directly identified with a particular unit or cost centre is known as …………………...

Q. Office overheads are also known as …………….overheads.

Q. ………….is applied where production is carried out as per specific order and customer specifications.

Q. The contract is signed at the end of the:

Q. Average stock level can be calculated as

Q. __________ is a register of suppliers invited to submit bids for goods / services as specified.

Q. An opportunity cost is a………..

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

Q. ……………….formsthe basis of entries to the stores ledger.

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.