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costing

Authored by Gayathri Balakrishnan

Social Studies

University

Used 2+ times

costing
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8 questions

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1.

MULTIPLE CHOICE QUESTION

5 sec • 1 pt

1. According to CIMA, England, “the technique and process of ascertaining cost” is called

Costing

Cost Accounting

Cost Accountancy

Cost

2.

FILL IN THE BLANK QUESTION

10 sec • 1 pt

The main function of cost accounting is _______ reporting

3.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

. In cost accounting, stock is valued at

Cost Price

Market Price

Selling Price

Standard Price

4.

MULTIPLE CHOICE QUESTION

10 sec • 1 pt

Media Image

What type of costing is used in the below diagram

Garment Industries

Petroleum Industries

Biscuit Industries

Construction Industries

5.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

Cost incurred by undertakings which do not manufacture any product but services is

Operation Costing

Operating Costing

Sunk Costing

Joint Costing

6.

MULTIPLE CHOICE QUESTION

5 sec • 1 pt

________ labour cost is the remuneration paid to the employees who are directly engaged in the manufacturing operations

Direct

Indirect

Normal

Abnormal

7.

MULTIPLE CHOICE QUESTION

10 sec • 1 pt

_______ time refers to the time for which wages are paid without any production

Over

Under

Excess

Idle

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