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A process loss that is inherent in the nature of the work and can be anticipated is called
Anormal loss
Babnormal loss
Cabnormal gain
Dinter process loss
Answer & Solution
Correct answer: A. normal loss
1. Process losses are of two kinds.
2. Normal process loss, also called normal wastage, is inherent in the nature of the work.
3. It can be reasonably anticipated from the material, the operation and past technical data.
4. It is unavoidable, which is exactly why its cost is absorbed by the good units.
_Source: ICAI Cost and Management Accounting Ch10 'Process and Operation Costing', section 10.3_
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