Bca 2

1.Basic objectives of cost accounting is_____

• Tax compliance

• Financial audit

• Cost ascertainment

• Profit analysis

Process costing is suitable for _____

• Hospitals

• Oil refund firms

• Transport firms

• Brick laying firms

Cost classification can be done in ____

• Two ways

• Three ways

• Four ways

• Several ways

Cost classification can be done in _____

• Major expenses

• Chargeable Expenses

• Overhead Expenses

• Sundry Expenses

The cost which is to be incurred even when a business unit is closed is a _____

• Imputed cost

• Historical cost

• Sunk cost

• Shout down cost