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Q. The ratio which shows the proportion of profits retained in the business out of the current year’s profits is

Q. When 1000 units are 60% complete in a process, it is equivalent to ……………completed units.

Q. ……….budget gives differentbudgeted costs for different levels of activity.

Q. An input of 5000kg of material introduced into the process and the expected loss is 8% and if the actual output from the process is 4300, the abnormal loss is................. kg

Q. One of the primary differences between marginal costing and absorption costing regarding the treatment of .

Q. Warehouse rent is a part of .

Q. Preparing budget figures for different levels of activity within a range under flexible budgeting is .

Q. The fixed-variable cost classification has `a special significance in the preparation of .

Q. Equivalent units represent the production of a process in terms of…..units.

Q. A large Margin of Safety indicates .