Which of the following accounts makes the cost ledger self-balancing?
Anonymous Quiz
6%
Overhead adjustment account
50%
Costing P&L account
33%
Cost ledger control account
11%
None of the above
A document which is a classified record of material issues, returns and transfers
Anonymous Quiz
25%
Materials Requisition Note
31%
Materials Return Note
22%
Materials Transfer Note
22%
Materials Issue Analysis Sheet
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1. The most important element of cost is _____.
Anonymous Quiz
47%
a. Material
22%
b. Overheads
11%
c. Labour
20%
d. Chargeable Exp.
2. Request to the supplier to supply material is an _____.
Anonymous Quiz
23%
a. re-order
55%
b. Purchase Order
17%
c. Sale invoice
6%
d. Maximum Level
3. _____ _____ are fixed to control inventory.
Anonymous Quiz
17%
a. Maximum Level
21%
b. Minimum Level
18%
c. Re-Order Level
44%
d. Inventory Levels
4. _____ _____ indicates maximum stock to be maintained.
Anonymous Quiz
45%
a. Maximum Level
15%
b. Minimum Level
22%
c. Re-Order Level
18%
d. Danger Level
5. Economical size of order is called as _____.
Anonymous Quiz
44%
a. Production
47%
b. EOQ
5%
a. Overheads
5%
d. Labour
S.Y Exam, [20.04.21 21:04]
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