Costing
600 units
750 units
1200 units
1250 units
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Answer is Right!
42. The scope of cost accounting include . . . . . . . ., . . . . . . . . and . . . . . . . .
cost ascertainment, cost presentation, cost control
tax planning, tax accounting, financial accounting
presentation of accounting information, creation of policy, day-to-day operation
None of the above
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43. The . . . . . . . . costing is applied when a quantity of similar and identical products are manufactured together as one Job.
job
batch
operation
output
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44. A technique, which accumulates and tracks costs of business function in value chain attributed to each market, offering from R and D to final customer support, is called
product life cycle
life cycle budgeting
life cycle costing
target costing
Answer is Wrong!
Answer is Right!
45. Slope coefficient of linear cost function is
zero
one
two
three
Answer is Wrong!
Answer is Right!
Detailed SolutionSlope coefficient of linear cost function is
46. Value, which measures that how large is value of standard error in relevance to value of estimated coefficient is termed as
t-value
b-value
d-value
c-value
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Answer is Right!
47. Direct labour means ________.
labour which can be conveniently associated with aparticular cost unit
labour which completes the work manually
permanent labour in the production department
labour which is recruited directly and not through contractors
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48. Printers use . . . . . . . . costing.
Process
Batch
Job
Contract
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49. Under which plan efficiency is shared by employee and employer equally?
Time rate
Gantts task and bonus plan
Halsey plan
Rowan plan
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Detailed SolutionUnder which plan efficiency is shared by employee and employer equally?
50. Budgeting system . . . . . . . . key managerial functions.
dismisses
integrates
discharges
None of these
Answer is Wrong!
Answer is Right!
Detailed SolutionBudgeting system . . . . . . . . key managerial functions.