Question

1. Cost accounting is a -------------process and provides periodic information
2. A unit of output for which separate cost is ascertained is known as---
13. The compensation paid to direct labour is known as-----
4. Cost sheet prepared on the basis of--------
5. In case of absorption costing, product cost will include----------​

Answer 1

Cost accounting is a process and provides periodic information a good day today and I don't

Answer 2

Fill up the blanks

Cost Accounting:

1. Cost accounting is a managerial accounting process and provides periodic information

2. A unit of output for which separate cost is ascertained is known as output costing

3. The compensation paid to direct labour is known as Wages

4. Cost sheet prepared on the basis of Estimated cost

5. In case of absorption costing, product cost will include fixed overhead charges.