Cost Accounting
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Q 11. If the actual loss is more than the estimated normal loss, then it is
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Q 12. Profit to be transferred to P& L A/c , if the contract is complete to the extent of only 20% is _____.
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Q 13. Process Account is _____.
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Q 14. The costing method which can be used in industry where the product pass through different processes is known as______.
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Q 15. Which of the following is known as Terminal Costing?
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Q 16. Identify the types of specific order costing.
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Q 17. A contract account is a _______ account in nature.
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Q 18. Ascertainment of cost of the product at each process is called: -
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Q 19. In what basis of work, the contractor is made payment?
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