1 Briefly describe the scope of cost accounting.
2) Differentiate between direct and indirect labour.
3) What do you mean by economic order quantity?
4) Describe fixed overheads
5) Describe budgetary control in detail.
6) What do you mean by cash budget?
7) Describe the meaning of material price variance
8) prepare down the formula for calculating P/V ratio.
9) Describe absorption of overheads in detail.
10) What do you understand by cash flow statement.