Multiple Choice
Cost Accountancy is the science, art and ……………….of a costaccountant.
A) practice
B) exercise
C) hard work
D) effort
Correct Answer:
Verified
Correct Answer:
Verified
Q5: Material abstract is also known as ………………<br>A)material
Q6: ………costing is used in transport undertakings.<br>A)process<br>B)service<br>C)multiple<br>D)job
Q7: Fixed cost ...................................in the same proportion in
Q8: Specific price method of valuing material issue
Q9: Administration expenses are mostly……………….<br>A)semi-variable<br>B)variable<br>C)fixed<br>D)none of these.
Q10: Sunk costs are.............................for decision-making<br>A)irrelevant<br>B)relevant<br>C)useful<br>D)none of these.
Q11: The ordinary trading account is a locked
Q12: .....................…………is the smallest segment of activity or
Q14: ……….costing is applicable to printers.<br>A)process<br>B)batch<br>C)multiple<br>D)job
Q15: Market price method is considered to be