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Q. The three major elements of product costs are all except____________

Q. The basic rule of preparing the reconciliation statement is _______________

Q. Material requisition is meant for _____________

Q. Notional interest charged to owner for drawings income credited only in _____________

Q. Indirect cost are known as ______

Q. An employee is eligible for getting overtime wage if he/ she works for more than ____________

Q. The variables production overheads shall be absorbed in production cost based on ______________ capacity

Q. Subsidy receivable with respect to any material shall be __________cost of material

Q. If an item of overhead expenditure is charges specifically to a single department this would be an example of ____________

Q. The document which is prepared after receiving and inspecting material _____________