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Q. Fixed price and incentive type contracts place responsibility for performance and financial risks associated with delay or non-performance on the:

Q. Direct expenses are also known as ……………..expenses.

Q. The Technique and ………….of ascertaining the cost is known as Costing.

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

Q. Which of the following is not used as a base for apportionment of administration overheads?

Q. Weighted average method is a generally accepted accounting principle?

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

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

Q. Depreciation is a ………….. Expense

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