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Q. When actual loss is................than the estimated loss, the difference between the two is considered to be abnormal gain

Q. Funds flow statement is based on the .

Q. Principle’ for preparation of working capital statement -Decrease in current Liability .

Q. Labour budget is a part of .

Q. Depreciation of plant and machinery is a part of .

Q. The budget which usually takes the form of budgeted profit and loss account and balance sheet is known as

Q. Fixed cost Rs. 80,000; Variable cost Rs. 2 per unit; Selling price_Rs. 10 per unit; turnover required for a profit target of Rs. 60,000.

Q. Elements of costs are.

Q. A fixed budget is prepared for only .

Q. ……….represents that quantity of material which is normally ordered when a particular material reaches reordering level.