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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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