Costing

301. Study the following transactions I. Raising of short-term loans II. Goods purchased for cash III. Payment of bonus in the form of shares IV. Issue of shares in lieu of raw materials The flow of funds is

I, II, III and IV
II, III and IV
III and IV
Only IV

Join Our Telegram Channel
Subscribe on YouTube
button" href="https://exam.pscnotes.com/mcq/study-the-following-transactions-i-raising-of-short-term-loans-ii-goods-purchased-for-cash-iii-payment-of-bonus-in-the-form-of-shares-iv-issue-of-shares-in-lieu-of-raw-materials-the-flow-of-funds/#more-55635">Detailed SolutionStudy the following transactions I. Raising of short-term loans II. Goods purchased for cash III. Payment of bonus in the form of shares IV. Issue of shares in lieu of raw materials The flow of funds is

as cost object is considered as" class="read-more button" href="https://exam.pscnotes.com/mcq/costing-system-in-which-individual-activities-are-identified-as-cost-object-is-considered-as/#more-55569">Detailed SolutionCosting system, in which individual activities are identified as cost object is considered as

304. A technique which minimizes sum of squared vertical difference, to determine regression line is considered as

negative square technique
positive square technique
least square technique
most square technique

Join Our Telegram Channel
Subscribe on YouTube
considered as" class="read-more button" href="https://exam.pscnotes.com/mcq/a-technique-which-minimizes-sum-of-squared-vertical-difference-to-determine-regression-line-is-considered-as/#more-55555">Detailed SolutionA technique which minimizes sum of squared vertical difference, to determine regression line is considered as

305. What is the amount of fixed cost if the margin of safety is Rs. 80,000 profit is Rs. 20,000, and sales is Rs. 3,00,000?

Rs. 1,00,000
Rs. 75,000
Rs. 55,000
Rs. 20,000

Join Our Telegram Channel
Subscribe on YouTube
and sales is Rs. 3,00,000?" class="read-more button" href="https://exam.pscnotes.com/mcq/what-is-the-amount-of-fixed-cost-if-the-margin-of-safety-is-rs-80000-profit-is-rs-20000-and-sales-is-rs-300000/#more-55548">Detailed SolutionWhat is the amount of fixed cost if the margin of safety is Rs. 80,000 profit is Rs. 20,000, and sales is Rs. 3,00,000?

306. The process of explaining the meaning, significance, and relationship between two financial factors is called

Summarization
Analysis
Interpretation
None of the above

Detailed SolutionThe

Join Our Telegram Channel
Subscribe on YouTube
process of explaining the meaning, significance, and relationship between two financial factors is called

307. In cost accounting, conference, quantitative analysis and account analysis methods are considered as

cost estimation methods
price estimation methods
unit estimation method
variable estimation method

Join Our Telegram Channel
Subscribe on YouTube
and account analysis methods are considered as" class="read-more button" href="https://exam.pscnotes.com/mcq/in-cost-accounting-conference-quantitative-analysis-and-account-analysis-methods-are-considered-as/#more-55520">Detailed SolutionIn cost accounting, conference, quantitative analysis and account analysis methods are considered as

308. Blanket overhead rate is:

One single overhead absorption rate for the whole factory
Rate which is blank or nil rate
rate in which multiple overhead rates are calculated for each production department, service department etc

Detailed SolutionBlanket overhead rate is:

309. The collection of debtors

Decreases the current ratio
Increases the current ratio
Does not affect the current ratio
None of the above

Join Our Telegram Channel
Subscribe on YouTube
of debtors" class="read-more button" href="https://exam.pscnotes.com/mcq/the-collection-of-debtors/#more-55479">Detailed SolutionThe collection of debtors

310. The basis for determining profit to be taken into account on incomplete contract is ________.

cost of contract
contract price
percentage of work certified as done
uncertified work

Detailed SolutionThe basis for determining

Join Our Telegram Channel
class="youtube-icon"> Subscribe on YouTube
profit to be taken into account on incomplete contract is ________.

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