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Asked/Added Questions From NCERT: Accountancy


Question 1. Asked on :10 August 2021:12:50:09 PM

  Per unit fixed overheads would ______ as the production

a) Increase, increases c) Decrease, remains constant

b) Increase, Decreases d) Decrease, decreases.

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

Answer by: Manisha Kumari

Manisha Kumari

 (a) Increase, increase

-Answered by Manisha Kumari On 20 May 2022:04:37:32 PM


Question 2. Asked on :10 August 2021:12:49:46 PM

  Total fixed overheads would ________ as the production increases.

a) Decrease c) Remain fixed

b) Increase d) None of the above.

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

Answer by: Manisha Kumari

Manisha Kumari

 (d)

-Answered by Manisha Kumari On 20 May 2022:04:39:07 PM


Question 3. Asked on :10 August 2021:12:49:31 PM

  Per unit _______ overheads remain fixed.

a) Fixed c) Selling

b) Factory d) Variable.

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

Answer by: Manisha Kumari

Manisha Kumari

 (d) variable

-Answered by Manisha Kumari On 20 May 2022:04:38:24 PM


Question 4. Asked on :10 August 2021:12:49:06 PM

  Cost of fancy packing necessary to attract customers would form part of :

a) Selling overheads

b) Distribution overheads

c) Development overheads

d) Both a) and b)

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

Answer by: Manisha Kumari

Manisha Kumari

 (d)

-Answered by Manisha Kumari On 20 May 2022:04:39:41 PM


Question 5. Asked on :10 August 2021:12:48:34 PM

  Primary packing necessary to protect a product should form part of

a) Selling overheads

b) Distribution overheads

c) Prime cost

d) None of the above.

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

Answer by: Manisha Kumari

Manisha Kumari

 (c) prime cost

-Answered by Manisha Kumari On 20 May 2022:04:41:14 PM


Question 6. Asked on :10 August 2021:12:48:03 PM

 Inspection charges which cannot be identified with a particular product should be

treated as

a) Research and development overheads

b) Selling overheads

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

Answer by: Manisha Kumari

Manisha Kumari

 (a)

-Answered by Manisha Kumari On 20 May 2022:04:45:29 PM


Question 7. Asked on :10 August 2021:12:47:33 PM

 Secondary packing expenses is an example of :

a) Selling overheads c) Both of the above

b) Distribution overheads d) None of the above.

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

Answer by: Manisha Kumari

Manisha Kumari

 (b) distribution overheads

-Answered by Manisha Kumari On 20 May 2022:04:46:49 PM


Question 8. Asked on :10 August 2021:12:45:04 PM

  Secondary packing expenses is an example of :

a) Selling overheads c) Both of the above

b) Distribution overheads d) None of the above.

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

Answer by: Manisha Kumari

Manisha Kumari

 (b)

-Answered by Manisha Kumari On 20 May 2022:04:48:02 PM


Question 9. Asked on :10 August 2021:12:43:29 PM

  Advertising expenses, commission to salesman, depreciation on delivery van are

examples of :

a) Selling overheads

b) Distribution overheads

c) Both of the above.

d) None of the above.

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

Answer by: Manisha Kumari

Manisha Kumari

 (b) distribution overheads

-Answered by Manisha Kumari On 20 May 2022:04:48:22 PM


Question 10. Asked on :10 August 2021:12:42:59 PM

 The costing method in which fixed expenses are charged to product along with variable

expenses is known as –

a) Direct costing, c) Absorption costing

b) Marginal costing d) ABC.


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

Answer by: Manisha Kumari

Manisha Kumari

 (c) Absorption costing

-Answered by Manisha Kumari On 20 May 2022:04:48:57 PM


 

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