Multiple Choice
.A cost centre is …………………
A) a production department where all production costs are aggregated
B) an area of business accountable for both costs and revenues
C) the part of the business where all costs are paid to suppliers
D) an area for which costs are accumulated
Correct Answer:
Verified
Correct Answer:
Verified
Q15: A …………….is that factor which causes cost.<br>A)cost
Q16: Responsibility Accounting is also called ……………. Accounting<br>A)profitability<br>B)management<br>C)all
Q17: …………..is the angle caused by intersection of
Q18: Marginal cost is the aggregate of prime
Q19: Variable cost ratio is 60% Sales Rs.20000
Q20: The ratio of contribution to ……………. Is
Q21: When fixed cost is deducted from contribution,
Q22: ABC system is used for ………………<br>A)material control<br>B)wages
Q23: Fixed costs Rs.6000, Profit required Rs.4000 and
Q25: When profit is Rs.5000 and P/v ratio