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Asked Questions From NCERT:


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Question 3. Asked on :10 August 2021:12:26:10 PM

  Expenditure can be classified as capital or revenue in relation to its :

a) Function c) Accounting period

b) Changes in activity d) Both b) & c)

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

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Question 4. Asked on :10 August 2021:12:25:50 PM

  Costing acts as an aid to

a) Creditors c) National economy

b) Employees d) All of the above.

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

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Question 5. Asked on :10 August 2021:12:25:28 PM

 14. Cost accounting does not help in making estimates :

a) True b) False.

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

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Question 6. Asked on :10 August 2021:12:25:03 PM

  _______ is specialized branch of accounting which involves classification, accumulation,

assignment & control of costs :

a) Financial accounting c) Costing

b) Cost accounting d) Cost accountancy.

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

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Question 7. Asked on :10 August 2021:12:24:27 PM

 11. Which of the following are cost as per activity

a) Material, Labour, expense

b) Fined, Variable & Semi-variable

c) Production cost, Office cost

d) All of these.

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

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Question 8. Asked on :10 August 2021:12:23:58 PM

  Which of the following are cost as per activity

a) Material, Labour, expense

b) Fined, Variable & Semi-variable

c) Production cost, Office cost

d) All of these.

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

Not Answered Yet by Anyone.

Not Answered Yet by Anyone.

Question 10. Asked on :10 August 2021:12:21:56 PM

 Match the pairs

a) Direct Material (p) Salary of Supervisor

b) Indirect Material (q) Material passing from one process to other

c) Direct Labour (r) wages to worker

d) Indirect expense (s) Grease

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

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