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Question
When actual loss is _________ than the estimated loss, the difference between the two is considered to be abnormal gain.
When actual loss is _________ than the estimated loss, the difference between the two is considered to be abnormal gain.
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Solution
The correct option is B less
Losses can be defined as normal loss and abnormal loss. A loss which occurs normally during the process of production is called as normal loss. When actual loss is less than the estimated loss it is considered as abnormal gain. .
Losses can be defined as normal loss and abnormal loss. A loss which occurs normally during the process of production is called as normal loss. When actual loss is less than the estimated loss it is considered as abnormal gain. .
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