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COST-7 COST ACC SYSTEM

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Marks: 10

Q.   1

Under the Non-integrated accounting system 

Q.   2

Notional costs

Q.   3

Under Non-integrated accounting system, the account made to complete double entry is

Q.   4

Integrated systems of accounts are maintained 

Q.   5

Under Non-integrated system of accounting, purchase of raw material is debited to which account 

Q.   6

Under Non-integrated accounts, if materials worth ₹ 1,500 are purchased for a special job, then which account will be debited:

Q.   7

Which account is to be debited if materials worth ₹ 500 are returned to vendor under Non-integrated accounts: 

Q.   8

Which of the following items is included in cost accounts? 

Q.   9

When costing loss is ₹ 5,600, administrative overhead under-absorbed being ₹ 600, the loss as per financial accounts should be 

Q.   10

Which of the following items should be added to costing profit to arrive at financial profit?

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