Multiple Choice
Fixed cost ...................................in the same proportion in which output changes.
A) does not change
B) changes
C) increases
D) none of these.
Correct Answer:
Verified
Correct Answer:
Verified
Q2: costing is a type or technique of
Q3: Cost accounting provides data for managerial…………….<br>A)decision making<br>B)recruitment<br>C)retrenchment<br>D)none
Q4: Average cost method of valuing material issues
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
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