Costing

811. Difference between flexible budget amount and corresponding actual result is called

corresponding variance
resultant variance
flexible budget variance
static budget variance

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button" href="https://exam.pscnotes.com/mcq/difference-between-flexible-budget-amount-and-corresponding-actual-result-is-called/#more-47918">Detailed SolutionDifference between flexible budget amount and corresponding actual result is called

812. When actual loss is less than the estimated loss, the difference between the two is considered to be . . . . . . . .

abnormal gain
abnormal loss
normal loss
income

Detailed SolutionWhen actual loss is less than the estimated loss, the difference between the two is

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considered to be . . . . . . . .

813. If actual result is $25000 and flexible budget amount is $11000, then flexible budget amount is

$36,000
$46,000
$56,000
$14,000

Detailed SolutionIf actual result

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is $25000 and flexible budget amount is $11000, then flexible budget amount is

814. . . . . . . . . is a budget which is updated continuously by adding a further period (a month/quarter) and deducting a corresponding earlier period.

Rolling budget
Continuous budget
Annual budget
Both A and B

Detailed Solution. .

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. .
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. . . . is a budget which is updated continuously by adding a further period (a month/quarter) and deducting a corresponding earlier period.

815. Return on Investment (RoI) is computed as

Net profit ratio * Capital turnover ratio
Operating net profit ratio * Shareholders fund
Net profit/Sales
Cost of sales/Capital employed

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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
is computed as" class="read-more button" href="https://exam.pscnotes.com/mcq/return-on-investment-roi-is-computed-as/#more-47848">Detailed SolutionReturn on Investment (RoI) is computed as

816. Allotment of overhead incurred for a particular cost centre to that specific cost centre is ________.

allocation
allotment
primary distribution
secondary distribution

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href="https://exam.pscnotes.com/mcq/allotment-of-overhead-incurred-for-a-particular-cost-centre-to-that-specific-cost-centre-is-________/#more-47842">Detailed Solution Join Our Telegram Channel class="screen-reader-text">Allotment of overhead incurred for a particular cost centre to that specific cost centre is ________.

817. The technique of standard costing may not be applicable in case of:

Large concerns
Small concerns
All concerns
Both B and C

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in case of:" class="read-more button" href="https://exam.pscnotes.com/mcq/the-technique-of-standard-costing-may-not-be-applicable-in-case-of/#more-47830">Detailed SolutionThe technique of standard costing may not be applicable in case of:

818. Office and administrative expenses can be charged on the basis of _______.

material cost
labour cost
prime cost
factory cost

Detailed SolutionOffice

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and administrative expenses can be charged on the basis of _______.

819. The system which gives a continuous information regarding quantum and value of inventory is known as:

Re-order point valuation method
Periodic inventory method
Perpetual inventory method
A, B, C analysis technique

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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 a continuous information regarding quantum and value of inventory is known as:" class="read-more button" href="https://exam.pscnotes.com/mcq/the-system-which-gives-a-continuous-information-regarding-quantum-and-value-of-inventory-is-known-as/#more-47786">Detailed SolutionThe system which gives a continuous information regarding quantum and value of inventory is known as:

820. If beginning work in process equivalent units is 2500 units, work done in current period equivalent units is 3800 units and units completed in current period are 4000, then ending work in process equivalent units will be

1800 units
2300 units
10300 units
1500 units

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completed in current period are 4000, then ending work in process equivalent units will be" class="read-more button" href="https://exam.pscnotes.com/mcq/if-beginning-work-in-process-equivalent-units-is-2500-units-work-done-in-current-period-equivalent-units-is-3800-units-and-units-completed-in-current-period-are-4000-then-ending-work-in-process-equi/#more-47766">Detailed SolutionIf beginning work in process equivalent units is 2500 units, work done in current period equivalent units is 3800 units and units completed in current period are 4000, then ending work in process equivalent units will be

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