Costing

34. The control ratios used by the management to know whether the deviations of the actual performance from the budgeted performance are favourable or unfavourable are . . . . . . . .

Capacity ratio, activity ratio
Efficiency ratio, calendar ratio
Both A and B
None of the above

Join Our Telegram Channel

button" href="https://exam.pscnotes.com/mcq/the-control-ratios-used-by-the-management-to-know-whether-the-deviations-of-the-actual-performance-from-the-budgeted-performance-are-favourable-or-unfavourable-are/#more-59393">Detailed SolutionThe control ratios used by the management to know whether the deviations of the actual performance from
Subscribe on YouTube
the budgeted performance are favourable or unfavourable are . . . . . . . .

35. Significant feature of Kaizen Budgeting is

employee suggestion
customer suggestion
cost suggestion
price suggestion

Join Our Telegram Channel
Subscribe on YouTube

href="https://exam.pscnotes.com/mcq/significant-feature-of-kaizen-budgeting-is/#more-59391">Detailed SolutionSignificant feature of Kaizen Budgeting is

36. Under Merrick’s multiple piece rate system, 110% of the ordinary piece rate is given to workers whose level of performance is between . . . . . . . . of the standard output.

83% and 100%
100% and 120%
0% and 83%
None of these

Subscribe on YouTube

system, 110% of the ordinary piece rate is given to workers whose level of performance is between . . . . . . . .
Join Our Telegram Channel
of the standard output." class="read-more button" href="https://exam.pscnotes.com/mcq/under-merricks-multiple-piece-rate-system-110-of-the-ordinary-piece-rate-is-given-to-workers-whose-level-of-performance-is-between-of-the-standard-output/#more-59377">Detailed SolutionUnder Merrick’s multiple piece rate system, 110% of the ordinary piece rate is given to workers whose level of performance is between . . . . . . . . of the standard output.

37. In transportation costing a composite unit such as . . . . . . . . is used.

passenger mile/km or Ten kilometer
per km
per passenger
per stop

Join Our Telegram Channel
Subscribe on YouTube

href="https://exam.pscnotes.com/mcq/in-transportation-costing-a-composite-unit-such-as-is-used/#more-59376">Detailed SolutionIn transportation costing a composite unit such as . . . . . . . . is used.

38. Goodness of fit predicted values is also known as

coefficient of determination
coefficient of index
coefficient of residual
coefficient of prediction

Join Our Telegram Channel
Subscribe on YouTube

button" href="https://exam.pscnotes.com/mcq/goodness-of-fit-predicted-values-is-also-known-as/#more-59370">Detailed SolutionGoodness of fit predicted values is also known as

39. Which of the following is not a method of cost absorption?

Percentage of direct material cost
Machine hour rate
Labour hour rate
Repeated distribution method

Join Our Telegram Channel
Subscribe on YouTube

href="https://exam.pscnotes.com/mcq/which-of-the-following-is-not-a-method-of-cost-absorption/#more-59351">Detailed SolutionWhich of the following is not a method of cost absorption?

40. Indicate the correct option as regards the sources of funds for a funds flow statement from the following 1. Increase in working capital. 2. Decrease in working capital. 3. Writing-off the intangible/fictitious assets. 4. Issuing equity shares for acquisition of a building for office. 5. Charging depreciation on fixed assets. Select the correct answer

1, 3 and 4
2, 3 and 5
1, 4 and 5
2, 3 and 4

Join Our Telegram Channel

in working capital. 3. Writing-off the intangible/fictitious assets.
Subscribe on YouTube
4. Issuing equity shares for acquisition of a building for office. 5. Charging depreciation on fixed assets. Select the correct answer" class="read-more button" href="https://exam.pscnotes.com/mcq/indicate-the-correct-option-as-regards-the-sources-of-funds-for-a-funds-flow-statement-from-the-following-1-increase-in-working-capital-2-decrease-in-working-capital-3-writing-off-the-intangible/#more-59347">Detailed SolutionIndicate the correct option as regards the sources of funds for a funds flow statement from the following 1. Increase in working capital. 2. Decrease in working capital. 3. Writing-off the intangible/fictitious assets. 4. Issuing equity shares for acquisition of a building for office. 5. Charging depreciation on fixed assets. Select the correct answer
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