-.37 Question 10 Not yet answered Marked out of 0.50 P Flag question In purchase procedure, if any department requires fresh material, then they should submit a. Any of these document b. A purchase order C. Material issue order d. A purchase requisition form Time left 1:38:43 Question 11 Not yet answered Marked out of 0.50 P Flag question What is the full form of CIMA, the professional body controlling the profession of Cost Accounting? O a. Charter of International Management Accountants O b. Professional Institute of Management Accounting c. Chartered Institute of Management Accountants O d. Personal Institute of Managerial Accounting Question 13 Not yet answered Marked out of 0.50 P Flag question Which account is debited when there is a a normal loss related to manufacturing activity? Raw material Inventory A/C b. Work in progress A/C C. Costing Profit and Loss A/C d. Factory Overhead A/C d Not yet answered Marked out of 0.50 P Flag question Production units that are severely damaged in manufacturing operations and cannot be corrected with further processing are categorized as a. Waste b. Scrap C. Damaged O d. d. Spoilage Which of the following entry Time left 1:27:49 transferring goods from WIP to finished stock? a. A. Dr. Costing Profit and Loss A/C Cr. Work in Process Inventory A/C b. A. Dr. Work in Process Inventory A/C Cr. Finished Goods Inventory A/C O c. A. Dr. Finished Goods Inventory Alc Cr. Work in Process Inventory A/c d. A. Dr. Work in Process Inventory A/C Cr. Costing Profit and Loss A/C