ACC306
Question: If time budgeted for a product is 50 hours and time taken is 36 hours, how many hours saved
Answer: 14 hours
Question: In measuring performance, revenue less controllable at the devisional level is call?
Answer: Contrllable profit
Question: The process by which the total difference between standard and actual cost is subdivided is called
Answer: Variance analysis
Question: Prodution unit method is one method of charging â€|
Answer: Depreciation
Question: Quantity, Description, Stock code No., Purchase order No. and Supplier are the five main heading of â€|
Answer: Purchase requisition
Question: Maintaining the stores in a tidy manner is one duty of â€|
Answer: Storekepper
Question: In planning system concepts, system may be closed or â€|
Answer: Open
Question: All direct and indirect costs plus fixed cost is equal to â€|
Answer: Total costs
Question: Production that has not yet reached the stage of completion is called â€|
Answer: Work in progress
Question: Overheads are spread over the cost units by the process known as
Answer: Overhead absorption
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