Multiple Choice
When the actual loss is more than the estimated loss, the difference between the two is considered to be………..
A) abnormal loss
B) normal loss
C) loss
D) none of these
Correct Answer:
Verified
Correct Answer:
Verified
Q8: When actual loss is less than the
Q9: The process costing is not used in
Q10: Boiler house costing is an example of..........................costing<br>A)operation<br>B)process<br>C)service<br>D)none
Q11: In inter process profits, the output of
Q12: Service costing is called as ……………….<br>A)operation costing<br>B)operating
Q14: In process costing, the abnormal loss is
Q15: …..arises where the actual process loss is
Q16: In service costing, fixed charges are also
Q17: .............……….process loss should be transferred to costing
Q18: A bus carries 25 passengers daily for