41. Which is the best measurement by the centre's for the contribution of a profit centre to the overall profitability of the business in the long-run?
42. When actual loss is . . . . . . . . than the estimated loss, the difference between the two is considered to be abnormal loss.
43. What is a serious limitation of financial ratio?
44. The sum of factory cost/work cost and administrative overheads is called
45. In inter process profits, the output of one process is transferred from one process to another not at . . . . . . . . but at . . . . . . . .
46. Halsey premium plan is based on
47. Fixed Cost ± Profit or Loss = . . . . . . . .
48. . . . . . . . . Accounting is not only a positive science but also a normative science because it includes techniques of budgetary control and standard costing.
49. If provision for taxation is treated as a current liability, then payment of tax is
50. Basis of apportionment of stores service expenses is . . . . . . . .
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