Cost Accounting Quiz-4

Cost Accounting Quiz-4

Difficulty Level: Medium
10 Questions

Popular Questions InCost Accounting Quiz-4

1

When job is ________, 'Job completion Report' is sent to the costing department for ascertaining the profits or losses occurred on the job.

2

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

3

Which of the following are not the components of job cost sheet?

4

List of materials and stores required for a particular job is prepared by the Production and Planning Department for the smooth execution of the job is known as the ________.

5

Full form of ‘EOQ’ is:

6

Which one of the following is not the objective of job costing?

7

Which one of the following costs would be an indirect cost in the manufacturing of a LCD?

8

Which of the following industry doesn’t use ‘Batch Costing’?

9

All indirect expenses incurred on a job are called as _______.

10

Profit or loss made on the contract is transferred to the _______ account.