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COST CHAPTER 1

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Marks: 10

Q.   1

_______is anything for which a separate measurement is required.

Q.   2

Which of the following is true about Cost control?

Q.   3

Cost units used in power sector is: 

Q.   4

Processes Costing method is suitable for

Q.   5

Distinction between direct cost and indirect cost is an example of

Q.   6

The advantage of using IT in Cost Accounting does not include:

Q.   7

A taxi provider charges minimum ₹ 80 thereafter ₹ 12 per kilometer of distance travelled, the behaviour of conveyance cost is:

Q.   8

A Ltd. has three production department, and each department has two machines, which of the following cannot be treated as cost center for cost allocation: 

Q.   9

Which of the following is an example of functional classification of cost?

Q.   10

Ticket counter in a Railway Station is an example of

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