Multiple Choice
If the amount of work certified is less than…......... of the contract price, then no profit should be taken to Profit & Loss Account.
A) 20%
B) 25%
C) 33 1/3%
D) 40%
Correct Answer:
Verified
Correct Answer:
Verified
Q7: Economic Batch Quantity depends on...........................and…………..costs.<br>A)material, labour<br>B)set-up costs,
Q8: Warehousing cost is an item of<br>A)office overhead<br>B)distribution
Q9: Primary packing is an item of ………………<br>A)selling
Q10: Material Costs of each job are determined
Q11: In................................ each job is a cost unit
Q13: Each job has a ..................... prepared for
Q14: When the completion stage of a contract
Q15: In transport costing...........................charges vary more or less
Q16: Printers use ......................... costing.<br>A)process<br>B)batch<br>C)job<br>D)contract
Q17: An automobile service unit uses..........................costing.<br>A)specific order<br>B)batch<br>C)job<br>D)contract