Costing

551. If difference between costs linked to highest and lowest observation of cost driver is $36000 and observation of cost driver is 30 machine hours, then slope coefficient would be

$1,200
$1,400
$1,600
$1,800

Detailed SolutionIf difference between costs

Join Our Telegram Channel
Subscribe on YouTube
linked to highest and lowest observation of cost driver is $36000 and observation of cost driver is 30 machine hours, then slope coefficient would be

552. Liquid assets is determined by

Current assets - Stock - Prepaid expenses
Current assets + Stock + Prepaid expenses
Current assets + Prepaid expenses
None of the above

Join Our Telegram Channel
Subscribe on YouTube

by" class="read-more button" href="https://exam.pscnotes.com/mcq/liquid-assets-is-determined-by/#more-51811">Detailed SolutionLiquid assets is determined by

553. Break-even point is also known as . . . . . . . . point.

total cost
total revenue
no profit no loss
contribution

Detailed SolutionBreak-even

Join Our Telegram Channel
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

point is also known as . . . . . . . . point.

554. Match the items of List-I with the items of List-Il and indicate the correct answer. List-I List-II a. Debtors turnover ratio 1. Solvency ratio b. Proprietary ratio 2. Liquidity ratio c. Operating ratio 3. Activity ratio d. Acid test ratio 4. Profitability ratio

a-2, b-4, c-3, d-1
a-3, b-2, c-1, d-4
a-3, b-1, c-4, d-2
a-4, b-3, c-2, d-1

Detailed SolutionMatch the items of List-I with the items of List-Il and indicate the correct

Join Our Telegram Channel
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

answer. List-I List-II a. Debtors turnover ratio 1. Solvency ratio b. Proprietary ratio 2. Liquidity ratio c. Operating ratio 3. Activity ratio d. Acid test ratio 4. Profitability ratio

555. FIFO and LIFO are valuation method of-

Fixed assets
Investments
Raw material to be issued
All of these

Subscribe on YouTube

Join Our Telegram Channel
of-" class="read-more button" href="https://exam.pscnotes.com/mcq/fifo-and-lifo-are-valuation-method-of/#more-51727">Detailed SolutionFIFO and LIFO are valuation method of-

556. Budget which calculates expected revenues and expected costs, based on actual output quantity is named as

flexible budget
fixed budget
variable budget
multiplied budget

Detailed SolutionBudget

Join Our Telegram Channel
href="https://www.youtube.com/channel/UCNHT8lW-JmLC68rjBfZhdkg?sub_confirmation=1" target="_blank" class="youtube-subscribe-button"> Subscribe on YouTube

which calculates expected revenues and expected costs, based on actual output quantity is named as

557. ________ is a preventive function.

Costreduction
Costcontrol
Costunit
Costcentre

Join Our Telegram Channel

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 function." class="read-more button" href="https://exam.pscnotes.com/mcq/________-is-a-preventive-function/#more-51703">Detailed Solution________ is a preventive function.

558. On what basis are the selling and distribution overheads absorbed?

Percentage on selling cost
Percentage on factory cost
Per unit rate
None of these

Join Our Telegram Channel
Subscribe on YouTube

class="read-more button" href="https://exam.pscnotes.com/mcq/on-what-basis-are-the-selling-and-distribution-overheads-absorbed/#more-51693">Detailed SolutionOn what basis are the selling and distribution overheads absorbed?

559. What does a low proprietary ratio indicates?

Sound financial position
Weak financial position
Both A and B
None of these

Join Our Telegram Channel

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 class="read-more button" href="https://exam.pscnotes.com/mcq/what-does-a-low-proprietary-ratio-indicates/#more-51658">Detailed SolutionWhat does a low proprietary ratio indicates?

560. During a period of rising prices, which of the following inventory pricing methods tends to produce higher cost of goods sold?

LIFO
FIFO
Simple Average Method
Inflated Price Method

Join Our Telegram Channel

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 to produce higher cost of goods sold?" class="read-more button" href="https://exam.pscnotes.com/mcq/during-a-period-of-rising-prices-which-of-the-following-inventory-pricing-methods-tends-to-produce-higher-cost-of-goods-sold/#more-51601">Detailed SolutionDuring a period of rising prices, which of the following inventory pricing methods tends to produce higher cost of goods sold?
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