Costing

162. Tender for construction is an

Estimation of profit
Estimation of cost
Estimation of selling price
Estimation of work

Join Our Telegram Channel

24.9-48.3 48.6-11.4 42.9-11.4 132.3-11.4 132.3s0 89.4 11.4 132.3c6.3 23.7 24.8 41.5 48.3 47.8C117.2 448 288 448 288 448s170.8 0 213.4-11.5c23.5-6.3 42-24.2 48.3-47.8 11.4-42.9 11.4-132.3 11.4-132.3s0-89.4-11.4-132.3zm-317.5 213.5V175.2l142.7 81.2-142.7 81.2z"/> Subscribe on YouTube
an" class="read-more button" href="https://exam.pscnotes.com/mcq/tender-for-construction-is-an/#more-57554">Detailed SolutionTender for construction is an

163. Total Material cost variance =

Standard cost of materials - actual cost of materials
Budgeted cost of materials - actual cost of materials
Standard cost of materials - budgeted cost of materials

Detailed SolutionTotal Material cost variance =

164. Cost accounting concepts include all the following except ________.

planning
controlling
profit sharing
product costing

Join Our Telegram Channel
Subscribe on YouTube

href="https://exam.pscnotes.com/mcq/cost-accounting-concepts-include-all-the-following-except-________/#more-57536">Detailed SolutionCost accounting concepts include all the following except ________.

165. The requirements of a particular job are known as . . . . . . . .

job description
job specifications
job evaluation
Both A and B

Join Our Telegram Channel

81.2-142.7 81.2z"/> Subscribe on YouTube . ." class="read-more button" href="https://exam.pscnotes.com/mcq/the-requirements-of-a-particular-job-are-known-as/#more-57526">Detailed SolutionThe requirements of a particular job are known as . . . . . . . .

166. Description in mathematical form to represent changes in cost, with level of activity related to that cost is classified as

cost function
revenue function
unit function
relative function

Join Our Telegram Channel

41.5 48.3 47.8C117.2 448 288 448 288 448s170.8 0 213.4-11.5c23.5-6.3 42-24.2 48.3-47.8 11.4-42.9 11.4-132.3 11.4-132.3s0-89.4-11.4-132.3zm-317.5 213.5V175.2l142.7 81.2-142.7 81.2z"/> Subscribe on YouTube class="read-more button" href="https://exam.pscnotes.com/mcq/description-in-mathematical-form-to-represent-changes-in-cost-with-level-of-activity-related-to-that-cost-is-classified-as/#more-57523">Detailed SolutionDescription in mathematical form to represent changes in cost, with level of activity related to that cost is classified as

167. Fixed Cost ± Profit or Loss = . . . . . . . .

Variable Cost
Marginal Cost
Contribution
Margin of Safety E. Break Even Point

Subscribe

Join Our Telegram Channel
on YouTube

. . . . . ." class="read-more button" href="https://exam.pscnotes.com/mcq/fixed-cost-a%c2%b1-profit-or-loss/#more-57492">Detailed SolutionFixed Cost ± Profit or Loss = . . . . . . . .

168. Cost Unit is defined as:

Unit of quantity of product, service or time in relation to which costs may be ascertained or expressed
A location, person or an item of equipment or a group of these for which costs are ascertained and used for cost control
Centres having the responsibility of generating and maximising profits
Centres concerned with earning an adequate return on investment

Join Our Telegram Channel
Subscribe on YouTube

Unit is defined as:" class="read-more button" href="https://exam.pscnotes.com/mcq/cost-unit-is-defined-as/#more-57480">Detailed SolutionCost Unit is defined as:

169. Which one of the following concepts is used as fund in the preparation of funds flow statement?

Current Assets
Working Capital
Cash
All Financial Resources

Detailed SolutionWhich

Join Our Telegram Channel
24.9-48.3 48.6-11.4 42.9-11.4 132.3-11.4 132.3s0 89.4 11.4 132.3c6.3 23.7 24.8 41.5 48.3 47.8C117.2 448 288 448 288 448s170.8 0 213.4-11.5c23.5-6.3 42-24.2 48.3-47.8 11.4-42.9 11.4-132.3 11.4-132.3s0-89.4-11.4-132.3zm-317.5 213.5V175.2l142.7 81.2-142.7 81.2z"/> Subscribe on YouTube

one of the following concepts is used as fund in the preparation of funds flow statement?

170. . . . . . . . . budget is designed to remain unchanged irrespective of the volume of output or turnover attained.

Master
Fixed
Flexible
All of these

Detailed Solution. . . . . . . .

Join Our Telegram Channel
Subscribe on YouTube
budget is designed to remain unchanged irrespective of the volume of output or turnover attained.

Page 1Page 2Page 3Page 4Page 5
Test 1Test 2Test 3Test 4Test 5Test 6Test 7Test 8Test 9Test 10Test 11Test 12Test 13Test 14Test 15Test 16Test 17Test 18Test 19Test 20Test 21Test 22Test 23Test 24
Exit mobile version