41. Third step in developing operating budget is

analysis of batches
analysis of batches
analysis of products
making predictions about future

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class="read-more button" href="https://exam.pscnotes.com/mcq/third-step-in-developing-operating-budget-is/#more-58634">Detailed SolutionThird step in developing operating budget is

42. Cost accounting disclose . . . . . . . .

the financial position
profit/loss of a product, job or service
effect and impact of cost on business
None of these

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. . . . . . ." class="read-more button" href="https://exam.pscnotes.com/mcq/cost-accounting-disclose/#more-58633">Detailed SolutionCost accounting disclose . . . . . . . .

43. What is the gearing ratio if debt is Rs. 220, cash balance is Rs. 20, and equity is Rs. 300?

20%
40%
50%
30%

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300?" class="read-more button" href="https://exam.pscnotes.com/mcq/what-is-the-gearing-ratio-if-debt-is-rs-220-cash-balance-is-rs-20-and-equity-is-rs-300/#more-58629">Detailed SolutionWhat is the gearing ratio if debt is Rs. 220, cash balance is Rs. 20, and equity is Rs. 300?

44. Determine the operating ratio if operating expenses is Rs. 60,000; sales is Rs. 9,40,000; sales return is Rs. 40,000; and cost of net goods sold is Rs. 6,60,000.

80%
15%
25%
11%

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sold is Rs. 6,60,000." class="read-more button" href="https://exam.pscnotes.com/mcq/determine-the-operating-ratio-if-operating-expenses-is-rs-60000-sales-is-rs-940000-sales-return-is-rs-40000-and-cost-of-net-goods-sold-is-rs-660000/#more-58620">Detailed SolutionDetermine the operating ratio if operating expenses is Rs. 60,000; sales is Rs. 9,40,000; sales return is Rs. 40,000; and cost of net goods sold is Rs. 6,60,000.

45. The cost of . . . . . . . . process loss is absorbed in the cost of production of good units.

abnormal
normal
Both A and B
None of these

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class="screen-reader-text">The cost of
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. . . . . . . . process loss is absorbed in the cost of production of good units.

46. Direct material costs are added into direct manufacturing costs to calculate

discuss costs
prime costs
resale cost
merchandise costs

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class="read-more button" href="https://exam.pscnotes.com/mcq/direct-material-costs-are-added-into-direct-manufacturing-costs-to-calculate/#more-58603">Detailed SolutionDirect material costs are added into direct manufacturing costs to calculate

47. Costs that are incurred in last department, where product has been processed and will be carried to next department for further processing are called

partial work costs
transferred-in costs
transferred-out costs
weighted average costs

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department for further processing are called" class="read-more button" href="https://exam.pscnotes.com/mcq/costs-that-are-incurred-in-last-department-where-product-has-been-processed-and-will-be-carried-to-next-department-for-further-processing-are-called/#more-58469">Detailed SolutionCosts that are incurred in last department, where product has been processed and will be carried to next department for further processing are called

48. Under marginal costing, only . . . . . . . . costs are charged to products.

fixed
variable
Both A and B
None of these

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costs are charged to products." class="read-more button" href="https://exam.pscnotes.com/mcq/under-marginal-costing-only-costs-are-charged-to-products/#more-58463">Detailed SolutionUnder marginal costing, only . . . . . . . . costs are charged to products.

49. Which of the following would increase the cash flow of a firm?

A decrease in inventory
An increase in debtors
An increase in the prepaid expenses
A decrease in income in advance

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firm?" class="read-more button" href="https://exam.pscnotes.com/mcq/which-of-the-following-would-increase-the-cash-flow-of-a-firm/#more-58433">Detailed SolutionWhich of the following would increase the cash flow of a firm?

50. Period costing means

Prime cost
Fixed cost
Variable cost
Semi-variable cost

Detailed SolutionPeriod costing

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