Which of the following cannot be rectified and brought back to normal specification even after incurring additional rectification cost.
Cost Accounting

Quiz
•
Education
•
University
•
Hard

Navneet Mahto
Used 3+ times
FREE Resource
6 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
scrap
defective
waste
spoilage
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following could be rectified and can be sold as normal unit.
scrap
defective
waste
spoilage
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following have no recovery value?
scrap
defective
waste
spoilage
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
In case of normal waste:
Choose the correct option
Cost will be absorbed by good unit
Cost will be charged to costing P&L
Cost will be considered as factory overhead
None of the above
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following arise due to inefficiency in operations, bad luck, mischief etc
Normal loss
Abnormal loss
Material loss
All the above
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following is usually occurs in small amount and low value that is recoverable without further processing
scrap
defective
waste
spoilage
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