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Q. Marginal costing is also known as Direct costing

Q. An indirect setup labor costs, costs of setup and equipment maintenance and costs of indirect material can be categorized as

Q. Budget period depends upon -

Q. When ratios are calculated from the financial statements of one year, it is known as ---------------------

Q. Given standard time per unit is 80 hours, standard time per hour @ Rs 1 per hour, actual time per unit is 90 hours and actual rate per hour @ Rs 1.10 per hour. Determine labour cost variance, labour rate variance and labour efficiency variance.

Q. Asset structure = _________+__________.

Q. It may not be ______ to measure exactly the output of service departments in an organization.

Q. Recording of actual performance is….

Q. Which of the following activities is NOT associated with the financial accounting information system?

Q. The ratios that shows the capacity of the business unit to meet its short term obligation out of its short term resources is known as --------------