Costing MCQs
Practice free Costing multiple-choice questions with instant answer feedback and step-by-step solutions. Click an option to check yourself, reveal the full explanation, and work through all 1419 questions — no login required.
Question 1036hard
Cash Budget is a . . . . . . . . budget.
Question 1037medium
A bill of material serves the purpose of . . . . . . . .
Question 1038medium
When is a business unit known to be a profit centre?
Advertisement
Question 1039easy
The relationship between two financial variables can be expressed in
Question 1040medium
Period costs charged to . . . . . . . .
Question 1041hard
Which is the best measurement by the centre's for the contribution of a profit centre to the overall profitability of the business in the long-run?
Advertisement
Question 1042hard
When actual loss is . . . . . . . . than the estimated loss, the difference between the two is considered to be abnormal loss.
Question 1043easy
What is a serious limitation of financial ratio?
Question 1044medium
The sum of factory cost/work cost and administrative overheads is called