A. normal scrap
B. normal spoilage
C. abnormal spoilage
D. weighted spoilage
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. short lengths from wood work
B. defective aluminum cans recycled by manufacturer
C. detection of defective pieces before shipment
D. all of above
A. conversion costs
B. sunk costs
C. inventoriable costs
D. non inventoriable costs
A. Gross weighted margin
B. weighted average revenue
C. weighted average cost
D. weighted average conversion cost
A. conversion expense costing system
B. inventory costing system
C. process costing system
D. job costing system
A. summarize flow of output
B. compute output in units
C. summarize total costs
D. compute cost for each equivalent unit
A. $10
B. $100
C. $1,000
D. $1,200
A. $16
B. $60
C. $6
D. $26
A. summarize total costs
B. compute cost for each equivalent unit
C. summarize flow of output
D. compute output in units
A. weighted average method
B. net present value method
C. Gross production method
D. net present value method
