Q. Sales – variable cost = ……………………………………..
✅ Correct Answer: (D)
contribution
Applied Cost Accounting MCQs and Notes
Q. Break even units can also be called as ………………………
✅ Correct Answer: (A)
Break even output
Q. Variable cost can also be called as …………………………
✅ Correct Answer: (B)
marginal cost
Q. The additional cost of producing an additional unit is called ……….
✅ Correct Answer: (B)
marginal cost
Q. …….. is method of cost volume profit analysis
✅ Correct Answer: (D)
break even analysis
Q. A factor that restrict the activities of a concern ……………..
✅ Correct Answer: (C)
Key factor
Q. The angle formed at the point of incidence of sales line to total cost…….
✅ Correct Answer: (A)
Angle of incidence
Q. Excess of sales over break even sales is known as …………………..
✅ Correct Answer: (C)
Margin of safety
Q. A point at which there is neither profit nor loss ………………
✅ Correct Answer: (B)
Break even point
Q. Establishes the relationship between cost , volume of sales and profit is …..
✅ Correct Answer: (D)
Cost volume profit analysis