Costing

11. Second ranked product in incremental revenue allocation method is termed as

primary product
First incremental product
Second incremental product
Third incremental product

Join Our Telegram Channel

124.1c-6.3-23.7-24.8-42.3-48.3-48.6C458.8 64 288 64 288 64S117.2 64 74.6 75.5c-23.5 6.3-42 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
button" href="https://exam.pscnotes.com/mcq/second-ranked-product-in-incremental-revenue-allocation-method-is-termed-as/#more-47010">Detailed SolutionSecond ranked product in incremental revenue allocation method is termed as

12. operating costing is a ________.

method of costing
technique of costing
norm of costing
procedure of costing

Subscribe on YouTube

Join Our Telegram Channel
________." class="read-more button" href="https://exam.pscnotes.com/mcq/operating-costing-is-a-________/#more-46962">Detailed Solutionoperating costing is a ________.

13. According to which method of pricing issues is close to current economic values?

Last In First Out
First In First Out
Highest In First Out
weighted average price

Detailed SolutionAccording

Join Our Telegram Channel
Subscribe on YouTube
to which method of pricing issues is close to current economic values?

14. In automobile, . . . . . . . . costing is used.

process
batch
multiple
job

Detailed SolutionIn

Join Our Telegram Channel
Subscribe on YouTube
automobile, . . . . . . . . costing is used.

15. Match the following. List-I List-II a. Cost accounting 1. . . . . . . . . is usually prepared every month. b. Funds flow statement 2. . . . . . . . . deals with the cost of production, selling and distribution. c. Cash flow statement 3. . . . . . . . . is an important technique financial analysis. d. Ratio analysis 4. . . . . . . . . depicts the profit or loss made during a specified period.

a-4, b-3, c-2, d-1
a-2, b-1, c-4, d-3
a-4, b-3, c-1, d-2
a-3, b-4, c-2, d-1

Subscribe on YouTube

1. . . . . . . . . is usually prepared every month. b. Funds flow statement 2. . . . . . . . . deals with the cost of production, selling and distribution. c. Cash flow statement 3. . . . . . . . . is an important technique financial analysis. d. Ratio analysis 4. . . . . . . . . depicts the profit or loss made during a specified period." class="read-more button" href="https://exam.pscnotes.com/mcq/match-the-following-list-i-list-ii-a-cost-accounting-1-is-usually-prepared-every-month-b-funds-flow-statement-2-deals-with-the-cost-of-production-selling-and-dis/#more-46928">Detailed SolutionMatch the following. List-I List-II a. Cost accounting 1. . . . . . . . .
Join Our Telegram Channel
is usually prepared every month. b. Funds flow statement 2. . . . . . . . . deals with the cost of production, selling and distribution. c. Cash flow statement 3. . . . . . . . . is an important technique financial analysis. d. Ratio analysis 4. . . . . . . . . depicts the profit or loss made during a specified period.

16. Material is issued by store keeper against ________.

material requisition
material order
goods received note
purchase requisition

Subscribe on YouTube

Join Our Telegram Channel
href="https://exam.pscnotes.com/mcq/material-is-issued-by-store-keeper-against-________/#more-46915">Detailed SolutionMaterial is issued by store keeper against ________.

17. The concept of economic order quantity is concerned with

Technique of warehousing of inventory
Technique of inventory control
Technique of inventory consumption in production process
Technique of control of wastage of inventory

Detailed SolutionThe concept of economic order quantity is concerned with

18. Abnormal cost is the cost:

Cost normally incurred at a given level of output
Cost not normally incurred at a given level of output
Cost which is charged to customer

Detailed SolutionAbnormal cost is the cost:

19. Capital gearing ratio is ___________.

Market test ratio
Long-term solvency ratio
Liquid ratio
Turnover ratio

Join Our Telegram Channel

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/capital-gearing-ratio-is-___________/#more-46900">Detailed SolutionCapital gearing ratio is ___________.

20. An approach which yields benefits of normal costing and actual manufacturing overhead is classified as

unadjusted allocation rate approach
adjusted budget rate approach
unadjusted budget rate approach
adjusted allocation rate approach

Detailed

Join Our Telegram Channel
Subscribe on YouTube
SolutionAn approach which yields benefits of normal costing and actual manufacturing overhead is classified as

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