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Q. A large Margin of Safety indicates .

Q. Under marginal costing stock are valued at .

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. The ratios which reflect managerial efficiency in handling the assets is.

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

Q. Selling price per unit Rs. 10; Variable cost Rs. 8 per unit; Fixed cost Rs. 20,000; Break-even production in units .

Q. Total of all direct costs is termed as .

Q. ……….is the excess of sales over marginal cost of sales

Q. Any transaction between a current account and another current account does not Affect .

Q. Scrap is .