Cost Accounting Quiz-1

Question 1

The document which provides information regarding the progress of each job at each operation is known as :

Accepted Answer

Job ticket

Answer

Progress advice

Answer

Job order

Answer

None of these

Question 2

The transporters may provide services for carrying

Accepted Answer

Both Goods and Passengers

Answer

Goods

Answer

Passengers

Answer

None of these

Question 3

Interest paid on loan will be debited to &hellip;&hellip;

Accepted Answer

Financial P & L A/c

Answer

Cash A/c

Answer

Capital A/c

Answer

Costing P & L A/c

Question 4

Payment of donations is Debited to

Accepted Answer

Financial P & L A/c

Answer

Trading A/c

Answer

Manufacturing A/c

Answer

Costing P & L A/c

Question 5

Interest received on investment will be Credited to

Accepted Answer

Financial P & L A/c

Answer

Costing P & L A/c

Answer

Capital A/c

Answer

Cash A/c

Game Settings