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Q. ………. Is the increase or decrease in total cost which results from producing or selling additional or fewer units of a product or from a change in the method of production or distribution such as the use of improved machinery, addition or exclusion of a product or territory or selection of an additional sales channel.

Q. If the Gross sales of a concern is Rs.200000 and sales return is 20000, Gross profit is 150000.cost of goods sold is……………………..

Q. Which among the following is an example for horizontal analysis ?

Q. A …………….is that factor which causes cost.

Q. Marginal cost is the aggregate of prime cost and ……………….

Q. According to SEBI requirements Cash flow statement is prepared by categorizing cash flows into operating, investing and …………..activities

Q. Responsibility accounting is used for ……………….

Q. Which of the following is not true?

Q. The term fixed assets includes

Q. When profit is Rs.5000 and P/v ratio is 20% , Margin of safety is…………