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Q. Defectives are that portion of production which can be.............................at some extra cost of re-operation.

Q. ……….is the consolidated summary of the various functional budgets.

Q. The budget prepared for replacement of assets, expansion of production facilities, adoption of new technologies etc. is .

Q. The ratio shows the preference dividend as a proportion of profit available for shareholders is .

Q. Budgetary control starts with .

Q. The budget prepared to estimate the expenditure to be incurred for planning, organizing, direction and control function of the management is .

Q. Cost of sales plus profit is .

Q. Sales Rs. 25,000; Variable cost Rs. 15,000; Fixed cost Rs .4,000; P/V Ratio is .

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

Q. The budget relating to.................... must be prepared first and the other budgets should be prepared in the light of that factor.