A. Uncontrollable cost
B. Sunk cost
C. Avoidable cost
D. Opportunity cost
Accounting Mcqs
Accounting Mcqs for Preparation of various Test announced by Fpsc, kppsc, Nts, ppsc. accounting mcqs for accountant. These Mcqs are very helpful for the Preparation of various posts of Senior Auditor, Junior Auditor, Accountant and for Cost Accountant.
Principles of Accounting, Accounting Equation, Analyzing & Classifying Transaction, Journal, Ledger, Banking Transactions, Cash book and Bank Reconciliation Statement, Bill of Exchange, Capital & Revenue, Rectification of Errors, Final Accounts, Adjustments.
A. Crane hours
B. Crane value
C. Truck Mileage
D. Truck value
A. 111%
B. 120%
C. 95%
D. 117%
A. Direct cost
B. Variable cost
C. Commercial cost
D. Conversion cost
A. Relevant costs
B. Differential costs
C. Target costs
D. Sunk costs
A. Variable cost
B. Unit cost
C. Total cost
D. Fixed cost
A. No change occurs to inventories for either use absorption costing or variable costing methods
B. The use of absorption costing produces a higher net income than the use of variable costing
C. The use of absorption costing produces a lower net income than the use of variable costing
D. The use of absorption costing causes inventory value to increase more than they would though the use of variable costing
A. I
B. T
C. H
D. None
A. Petty cash
B. Cash book
C. Cash receipt
D. Discount
A. Cash book
B. Two columns cash book
C. Three columns cash book
D. Petty cash book
