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Unit 13: Normal Wastage, Abnormal Loss and Abnormal Gain
Answers: Self Assessment Notes
1. Wastage 2. Reusable value.
3. production expenses 4. exceed
5. credit side 6. debited
7. debited 8. Three
9. True 10. False
11. True 12. True
13. True 14. False
15. False
13.8 Further Readings
Books Arora M. N., Cost and Management Accounting, Himalaya publishing House,
2010.
pandey, I.M., Management Accounting, Excel Book, New Delhi, 2007.
Richard G. Schroeder, Myrtle W. Clark, Myrtle W. Clark, Jack M. Cathey, Financial
Accounting Theory and Analysis: Text Readings and Cases, John Wiley & Sons Inc.
Shah paresh, Management Accounting, Oxford University press, New Delhi, 2009.
Online links www.futureaccountant.com
www.managementstudyguide.com
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