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Cost Accounting
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Cost Accounting
Taking step for te fresh purchase of those stocks which have been exhausted and for which requisitions are to be honored in future is an easy explanation of:
Overstocking
Under stocking
Replenishment of stock
Acquisition of stock
Author:
rikazzz
Comment
Cost Accounting
The number of purchase orders for each year is multiplied to relevant ordering cost for each purchase order to calculate
annual irrelevant ordering costs
annual relevant carrying costs
annual relevant ordering costs
annual irrelevant carrying costs
Author:
rikazzz
Comment
Cost Accounting
The chances of cost to be considered as variable are more, if the
time horizons are long
time horizons are short
time horizons are irrelevant
time horizons are relevant
Author:
rikazzz
Comment
Cost Accounting
Considering two fiscal years 2013 and 2014, the actual units sold in 2013 and 2014 are 11000 and 12500 units respectively, and selling price in year 2013 is $50, then revenue effect of growth will be
$70,000
$75,000
$65,000
$73,000
Author:
rikazzz
Comment
Cost Accounting
An error term, disturbance term or residual term is calculated as
U=A-b
u=A-a
u=Y-y
u=X-x
Author:
rikazzz
Comment
Cost Accounting
The strategy that interlinks technology and people, to enhance relationships in all the business functions is classified as
technology management
people management
customer relationship management
resource management
Author:
rikazzz
Comment
Cost Accounting
Raw materials which are incorporated into goods sold but are not easily identifiable to the goods being made would be known as
Direct materials
Work in progress
Indirect overheads
Direct overheads
Author:
rikazzz
Comment
Cost Accounting
In customer cost hierarchy, the costs of all the incurred activities to sell a unit of product are classified as
customer sustaining costs
customer output unit-level costs
customer batch-level costs
corporate sustaining costs
Author:
rikazzz
Comment
Cost Accounting
The capacity of the operations in company, which does not consider shutdown periods and interruptions, in operations is considered as
normal capacity
theoretical costing
standard capacity
actual capacity
Author:
rikazzz
Comment
Cost Accounting
The process of tracing the direct costs and allocation of indirect costs is known as
cost assignment
direct assignment
indirect assignment
economic assignment
Author:
rikazzz
Comment
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