Costing MCQs
M
Q 1. The document which is prepared after receiving and inspecting material _____________
M
Q 2. Which of the following is not an example of marketing overheads ?
M
Q 3. Labour costs __________Salaries and wages paid to temporary employees.
M
Q 4. Which of the following bases is not a appropriate for apportionment of transport department cost ?
M
Q 5. Number of methods avaliable for calculation of labour turn over is ________________
M
Q 6. Material is issued by store keeper against _____________
M
Q 7. Indirect cost are known as ______
M
Q 8. ____________ may be valued on a FIF basis in cost accouts and LIFO basis in financial accounts.
M
Q 9. Subsidy receivable with respect to any material shall be __________cost of material
M