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Q. Establishes the relationship between cost , volume of sales and profit is …..

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

Q. In which situation, 2/3 of national profit credited to P & L a/c

Q. Stock of work in progress and finished goods are valued at marginal costing not include

Q. The cost incurred up to the point of separation are called …………cost

Q. Marginal costing is a…………of costing

Q. If the contract is almost complete , the amount of profit generally transferred to profit and loss account is equal to

Q. Where raw material is to pass certain stages before it is converted into finished goods, the method of costing used is ……………………

Q. The process A/c is debited with

Q. Retention money is retained by whom ………………….