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Explain the difference between job, batch, process and contract costing Explain the concepts of budgets with its advantages and disadvantages (include also concept of functional
- Explain the difference between job, batch, process and contract costing
- Explain the concepts of budgets with its advantages and disadvantages (include also concept of functional budget, master budget and sales budget)
- Explain the Concept of EOQ
- Explain the Concept of Inventory, holding inventory and costs involved.
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