CMA-INTER (MCQ) COST ACCOUNTING (PAPER-8)
MCQ
(CHAPTER WISE)
ON
COST ACCOUNTING
For
CMA-INTER
BY
SUMIT RASTOGI
CMA, B.COM (HONS)
SUMIT RASTOGI CLASSES
D-223, 3rd FLOOR, LAXMI CHAMBER, LAXMI NAGAR, DELHI-92
CMA SUMIT RASTOGI CLASSES 9810226733
,CMA-INTER (MCQ) COST ACCOUNTING (PAPER-8)
TOPIC COVERED
1. INTRODUCTION TO COST ACCOUNTING 1
2. MATERIAL COST (CAS-6) 3
3. EMPLOYEE COST (CAS-7) 5
4. DIRECT EXPENSES (CAS-10) 7
5. OVERHEADS (CAS-3) 8
6. COST ACCOUNTING STANDARDS 10
7. COST BOOK KEEPING 11
8. METHODS OF COSTING 15
9. MARGINAL COSTING 20
10. STANDARD COSTING 22
11. BUDGETARY CONTROL 24
CMA SUMIT RASTOGI CLASSES 9810226733
, CMA-INTER (MCQ) COST ACCOUNTING (PAPER-8)
1. INTRODUCTION TO COST ACCOUNTING
1. Batch Costing is suitable for-
A. Sugar Industry
B. Chemical Industry
C. Pharma Industry
D. Oil Industry
2. Joint Cost is suitable for-
A. Infrastructure Industry
B. Ornament Industry.
C. Oil Industry
D. Fertilizer Industry
3. Cost units of Hospital Industry is-
A. Tonne
B. Student per year
C. Kilowatt Hour
D. Patient Day
4. Cost units of Automobile Industry is-
A. Cubic meter
B. Bed Night
C. Number of Call
D. Number of vehicles
5. Depreciation is an example of-
A. Fixed Cost
B. Variable Cost
C. Semi Variable Cost
D. None of these
6. Process costing method is suitable for:
A. Steel industry
B. Crane manufacturing organization
C. Road roller manufacturing company
D. Transport industry
7. Which of the following classification is meant for distinction between direct cost and indirect cost?
A. Function
B. Element
C. Variability
D. Controllability
8. Which of the following is applicable for Cost Control?
A. It is related with the future
B. It is a corrective function
C. It ends when the targets are achieved
D. It challenges the standards set
CMA SUMIT RASTOGI CLASSES 1 9810226733
MCQ
(CHAPTER WISE)
ON
COST ACCOUNTING
For
CMA-INTER
BY
SUMIT RASTOGI
CMA, B.COM (HONS)
SUMIT RASTOGI CLASSES
D-223, 3rd FLOOR, LAXMI CHAMBER, LAXMI NAGAR, DELHI-92
CMA SUMIT RASTOGI CLASSES 9810226733
,CMA-INTER (MCQ) COST ACCOUNTING (PAPER-8)
TOPIC COVERED
1. INTRODUCTION TO COST ACCOUNTING 1
2. MATERIAL COST (CAS-6) 3
3. EMPLOYEE COST (CAS-7) 5
4. DIRECT EXPENSES (CAS-10) 7
5. OVERHEADS (CAS-3) 8
6. COST ACCOUNTING STANDARDS 10
7. COST BOOK KEEPING 11
8. METHODS OF COSTING 15
9. MARGINAL COSTING 20
10. STANDARD COSTING 22
11. BUDGETARY CONTROL 24
CMA SUMIT RASTOGI CLASSES 9810226733
, CMA-INTER (MCQ) COST ACCOUNTING (PAPER-8)
1. INTRODUCTION TO COST ACCOUNTING
1. Batch Costing is suitable for-
A. Sugar Industry
B. Chemical Industry
C. Pharma Industry
D. Oil Industry
2. Joint Cost is suitable for-
A. Infrastructure Industry
B. Ornament Industry.
C. Oil Industry
D. Fertilizer Industry
3. Cost units of Hospital Industry is-
A. Tonne
B. Student per year
C. Kilowatt Hour
D. Patient Day
4. Cost units of Automobile Industry is-
A. Cubic meter
B. Bed Night
C. Number of Call
D. Number of vehicles
5. Depreciation is an example of-
A. Fixed Cost
B. Variable Cost
C. Semi Variable Cost
D. None of these
6. Process costing method is suitable for:
A. Steel industry
B. Crane manufacturing organization
C. Road roller manufacturing company
D. Transport industry
7. Which of the following classification is meant for distinction between direct cost and indirect cost?
A. Function
B. Element
C. Variability
D. Controllability
8. Which of the following is applicable for Cost Control?
A. It is related with the future
B. It is a corrective function
C. It ends when the targets are achieved
D. It challenges the standards set
CMA SUMIT RASTOGI CLASSES 1 9810226733
