Costing Old Syllabus MCQ

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Categories: Economics

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The latest Messages 8

2021-11-22 04:15:57

Suitable costing system for repair shops is:

Anonymous Quiz

12%

Unit costing

26%

Operation costing

22%

Operating costing

40%

Job costing

103 voters197 views01:15

Open / Comment

2021-11-22 04:14:37

Cost of labour welfare activities is an example of:

Anonymous Quiz

60%

Preventive Cost

17%

Replacement Cost

Material Cost

14%

None of the above

99 voters203 views01:14

Open / Comment

2021-11-22 04:14:03

Most suitable basis for apportioning insurance cost of machines would be:

Anonymous Quiz

Weight of Machines

76%

Value of Machines

Size of Machines

18%

No. of Machines

99 voters199 views01:14

Open / Comment

2021-11-21 04:31:06

During the time of inflation, which method of pricing of material issues leads to a higher material costs for a job?

Anonymous Quiz

41%

LIFO

44%

FIFO

13%

HIFO

Standard Price Method

93 voters206 views01:31

Open / Comment

2021-11-21 04:30:29

Costs are classified as “Research and Development Costs” by the way of:

Anonymous Quiz

30%

Nature or Element

42%

Functions

14%

Degree of traceability

14%

Changes in Activity or Volume

84 voters208 views01:30

Open / Comment

2021-11-21 04:29:53

Administrative overheads are absorbed on the basis of –

Anonymous Quiz

Direct materials

13%

Direct wages

19%

Prime cost

61%

Works cost

89 voters194 views01:29

Open / Comment

2021-11-20 04:32:59

The technique of economic order quantity is losing significance since the development of —

Anonymous Quiz

31%

Perpetual inventory

27%

Just-in-time

11%

First-in-first-out

32%

ABC analysis

113 voters249 views01:32

Open / Comment

2021-11-20 04:32:13

A direct cost is a cost which can be classified on the basis of —

Anonymous Quiz

24%

Behaviour

59%

Traceability

Controllability

Relevance

116 voters243 views01:32

Open / Comment

2021-11-20 04:31:33

Which of the following is considered as normal loss of material

Anonymous Quiz

56%

Pilferage

10%

Loss due to flood

Loss due to accident

28%

Loss arising from careless handling of material

110 voters244 views01:31

Open / Comment

2021-11-19 22:40:36

9 views19:40

Open / Comment

Costing Old Syllabus MCQ

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