Cost Accounting MCQs
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Q 21. The basis of collection of costs are:-
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Q 22. Under which method costs are collected & accumulated for each job: -
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Q 23. The costing method which can be used in industry where the product passes through different processes is known as
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Q 24. Under this method, homogeneous products are taken as cost unit
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Q 25. In this type of costing works are carried out at factory premises:
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Q 26. Over valuation of ________ in cost accounts is deducted to costing profit to find out financial profit.
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Q 27. A statement prepared to provide detailed cost of a cost centre or cost unit is
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Q 28. Absorption means
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Q 29. Departmentalization of overhead is
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