Multiple Choice
Where actual loss in a process is less than the anticipated loss, the difference between the two is considered to be ………………..
A) abnormal loss
B) normal loss
C) abnormal gain
D) normal gain
Correct Answer:
Verified
Correct Answer:
Verified
Q1: In ……………………costing where standardized goods or services
Q2: Average unit cost for each process is
Q3: If the present cost of the car
Q4: When actual loss is................than the estimated loss,
Q5: When actual loss is..........................than the estimated loss,
Q7: In electricity supply company uses ...................... as
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