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Asked Questions From NCERT:


Question 1. Asked on :10 August 2021:12:34:21 PM

  __________ costs are the costs incurred upto the point of separation.

a) Joint costs c) Decremental costs

b) Shut down costs d) Disjoint costs.

-Added by Master Purushottam Accountancy » Basics Of Cost And Cost Accounting MCQ

Not Answered Yet by Anyone.

Not Answered Yet by Anyone.

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Question 6. Asked on :10 August 2021:12:31:30 PM

  All indirect costs are controllable but, direct costs are not controllable.

a) True b) False

-Added by Master Purushottam Accountancy » Basics Of Cost And Cost Accounting MCQ

Not Answered Yet by Anyone.

Question 7. Asked on :10 August 2021:12:30:11 PM

  Costs which can be influenced by its budget holder are known as :

a) Fixed costs c) Uncontrollable costs

b) Step costs d) Controllable costs

-Added by Master Purushottam Accountancy » Basics Of Cost And Cost Accounting MCQ

Not Answered Yet by Anyone.

Question 8. Asked on :10 August 2021:12:29:45 PM

  ________ costs are constant at a given level of output & then increase by a fixed amount

at higher level of production.

a) Discretionary cost c) Committed cost

b) Step cost d) Sunk Cost

-Added by Master Purushottam Accountancy » Basics Of Cost And Cost Accounting MCQ

Not Answered Yet by Anyone.

Question 9. Asked on :10 August 2021:12:29:23 PM

  ___________ costs result from special policy decision, new research & are not related to

operations.

a) Discretionary cost c) Committed cost

b) Step cost d) Sunk cost.

-Added by Master Purushottam Accountancy » Basics Of Cost And Cost Accounting MCQ

Not Answered Yet by Anyone.

Question 10. Asked on :10 August 2021:12:29:03 PM

  Direct material include all of the following except :

a) Primary packing, c) Royalty

b) Secondary packing d) Cost of layout.

-Added by Master Purushottam Accountancy » Basics Of Cost And Cost Accounting MCQ

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