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 118hard
This is a point at which the store keeper should initiate purchase requisition for fresh supply It is ________.
Question 119hard
This is a level at which normal issue of material are stopped, but issued under special condition It is ________.
Question 120hard
Annual usage is 6000 units @ Rs 20 per unit Cost of placing an order is Rs 60 and annual carrying cost of one unit is 10% of inventory value EOQ = __________.
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Question 121hard
The method in which issue prices of material is computed by dividing total purchase cost of material in stock with total quantity in stock ________.
Question 122hard
Under which method the rate of wages are linked with the cost of living index?
Question 123easy
Under which plan efficiency is shared by employee and employer equally?
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Question 124hard
Which of the following method of wage payment is most suitable where the speed of production is beyond the control of worker?
Question 125hard
Under which method of wage payment, wages are influenced by idle time?
Question 126hard
The allotment of whole item of cost to cost centre or cost units is called _________.