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Q. The basic rule of preparing the reconciliation statement is _______________

Q. If an item of overhead expenditure is charges specifically to a single department this would be an example of ____________

Q. If there is increase in the size of inventory orders, total annual ordering cost will ____________

Q. Number of methods avaliable for calculation of labour turn over is ________________

Q. Labour costs __________Salaries and wages paid to temporary employees.

Q. Notional interest charged to owner for drawings income credited only in _____________

Q. The three major elements of product costs are all except____________

Q. Which of the following bases is not a appropriate for apportionment of transport department cost ?

Q. The distribution of overheads alloted to particular department or cost center over the units produced is called _____________

Q. ____________ may be valued on a FIF basis in cost accouts and LIFO basis in financial accounts.