Costing

." class="read-more button" href="https://exam.pscnotes.com/mcq/basis-of-apportionment-of-welfare-department-expenses-is/#more-48943">Detailed SolutionBasis of apportionment of welfare department expenses is . . . . . . . .

42. A favourable variance will arise when capital revenues are . . . . . . . . than expected.

more
less
lesser
None of the above

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href="https://exam.pscnotes.com/mcq/a-favourable-variance-will-arise-when-capital-revenues-are-than-expected/#more-48926">Detailed SolutionA favourable variance will arise when capital revenues are . . . . . . . . than expected.

43. The Gantt bonus scheme is a composite form of-

Rown and Taylor's plan
Halsey and rown scheme
Halsey and Taylor scheme
Emerson and Bedox scheme

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class="youtube-icon"> Subscribe on YouTube bonus scheme is a composite form of-" class="read-more button" href="https://exam.pscnotes.com/mcq/the-gantt-bonus-scheme-is-a-composite-form-of/#more-48919">Detailed SolutionThe Gantt bonus scheme is a composite form of-

44. Factors that accelerate process of refining a costing system include

increase in product diversity
increase in indirect costs
product market competitions
all of above

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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 system include" class="read-more button" href="https://exam.pscnotes.com/mcq/factors-that-accelerate-process-of-refining-a-costing-system-include/#more-48916">Detailed SolutionFactors that accelerate process of refining a costing system include

45. Financial statements and budget plans of some companies are also called

cost statement
preformed statement
sales statement
market statement

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class="screen-reader-text">Financial statements and budget plans of some companies are also called

46. Time keeping refers to _______.

time spent by worker on their job
time spent by workers in the factory
time spent by workers without work
time spent by workers off their job

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keeping refers to _______." class="read-more button" href="https://exam.pscnotes.com/mcq/time-keeping-refers-to-_______/#more-48874">Detailed SolutionTime keeping refers to _______.

47. The basic difference between a static budget and flexible budget is that

a flexible budget considers only variable costs but a static budget considers all costs
a flexible budgets allows management latitude in meeting goals, whereas static budget is based on fixed standards
a flexible budget is applicable for a single department only but a static budget for entire production facility
a flexible budget can be prepared for any production level within a relevant range but a static budget is based on one specific level of production

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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 is that" class="read-more button" href="https://exam.pscnotes.com/mcq/the-basic-difference-between-a-static-budget-and-flexible-budget-is-that/#more-48847">Detailed SolutionThe basic difference between a static budget and flexible budget is that

48. Standard cost is a . . . . . . . . cost.

predetermined
historical
actual
final

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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 href="https://exam.pscnotes.com/mcq/standard-cost-is-a-cost/#more-48832">Detailed SolutionStandard cost is a . . . . . . . . cost.

49. If direct service labour is $7000, idle time wages are $2000 and overtime premium is $950, then total figure would be

$5,850
$5,950
$9,950
$10,050

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premium is $950, then total figure would be" class="read-more button" href="https://exam.pscnotes.com/mcq/if-direct-service-labour-is-7000-idle-time-wages-are-2000-and-overtime-premium-is-950-then-total-figure-would-be/#more-48783">Detailed SolutionIf direct service labour
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is $7000, idle time wages are $2000 and overtime premium is $950, then total figure would be

50. Cash flow statement is useful for financial planning.

short-term
long-term
short-term as well as long-term
None of the above

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planning." class="read-more button" href="https://exam.pscnotes.com/mcq/cash-flow-statement-is-useful-for-financial-planning/#more-48764">Detailed SolutionCash flow statement is useful for financial planning.
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