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Q. The loss incurred on an incomplete contract is transferred to

Q. The method of costing applied when articles are manufactured in definite batches is ………………………….

Q. When the competition stage of a contract is less than ¼ , the total expenditure on the contract is transferred to ………… account

Q. Scope of specific order costing is very wide and includes ……. ,………, ………….

Q. Any loss over and above the normal loss is called

Q. The limitations of job costing are ;

Q. Budget control is exercised by

Q. ………… is the point of production at which separate products are identified

Q. When a contract is debited with the original cost of the plant , it should credited with ………… at the end of the year

Q. ……………. is the budget incorporating all the components functional budgets