Course Code acc306 Question Economy in staff and concentration of experts in one department is advantage of Answer Centralized storage Question The purchase requisition may be routed through Answer Purchase dept, production dept and retained in the issuing dept Question Contribution can be defined as the Answer Excess of sales over variable cost Question One method of ascertaining actual is Answer All of the above Question Subdivision of overhead can be classified into: Answer 4 Question The main classifications of business expenditure are Answer Materials, wages and expenses Question The relationship between contribution and profit can stated as Answer Profit = contribution - fixed cost Question Which among the techniques that gives different valuation Answer All of the above Question The primary emphasis of cost accounitng is Answer Segment reporting Question Cost accounting information is meant for the use of Answer Internal decision makers of the business Question Economy in staff and concentration of experts in one department is advantage of Answer Centralized storage Question The purchase requisition may be routed through Answer Purchase dept, production dept and retained in the issuing dept Question Contribution can be defined as the Answer Excess of sales over variable cost Question One method of ascertaining actual is Answer All of the above Question Subdivision of overhead can be classified into: Answer 4 Question The main classifications of business expenditure are Answer Materials, wages and expenses Question The relationship between contribution and profit can stated as Answer Profit = contribution - fixed cost Question Which among the techniques that gives different valuation Answer All of the above Question The primary emphasis of cost accounitng is Answer Segment reporting Question Cost accounting information is meant for the use of Answer Internal decision makers of the business Try Another Search
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