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Q. The most important criterion for distinguishing between scrap, byproduct and joint product is…………of the products

Q. ……………..is a financial plan

Q. The cost which varies proportionate to increase in production is …….. cost

Q. A cost do not change with changes in the level of activity is ………….

Q. Period for which budget is prepared is called

Q. During the recession period, the profits of a firm will decrease at a much slower rate whose P/V ratio is,

Q. ……………….. is an angle formed in break even chart

Q. Break even chart depicts

Q. Job costing is applied when the product are of …………… nature

Q. In marginal costing managerial decisions are guided by…………than by profit