Cost Accounting MCQs and Notes

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Cost Accounting

Mr. Dubey • 51.17K Points
Coach

Q 381. Cost behaviour refers to

(A) how costs react to a change in the level of activity

(B) whether a cost is incurred in a manufacturing trading or service company

(D) whether a particular expense has been incurred honestly

Mr. Dubey • 51.17K Points
Coach

Q 382. Which of the following is not function of Cost Accounting

(A) cost ascertainment

(B) planning and control

(D) external reporting

Mr. Dubey • 51.17K Points
Coach

Q 383. Cost Accounting is directed towards the needs of

(A) government

(B) external users

(D) shareholders

Mr. Dubey • 51.17K Points
Coach

Q 384. Which of the following statements is false ?

(A) the limitations of financial accounting have led to the origin and evolution of cost accounting

(B) financial accounts fail to give a product wise break up of profit or loss

(D) cost accounting techniques helps the management in making decision or planning for future