M.COM. SEMESTER – III (CBCS) ADVANCED COST ACCOUNTING Most Important Question Bank for Current Exam Q.2. The product of a company passes through 3 distinct process. The following information is obtained from the accounts forthe month ending January 31, 2008. ANS: If you want exam most important question bank pdf [...]
M.Com Part 1 cost and management accounting mcq Click Here https://www.surajpateleducation.com/2021/05/mcom-part-1-mcq-mumbai-university-mcom.html 1 Contribution = A. Sales – Fixed Cost B. Sales – Profit C. Sales – Variable Cost D. Variable Cost + Fixed Cost ANS: C 2 Insurance of Factory Premises is _______ A. Semi-Variable Cost [...]
Mumbai University M.com Part 1 All Subject MCQ Link In One Link 👉Click Here👈 1.Whо соined the соnсeрt оf mаnаgement ассоunting? а. Rоbert Аnthоny b. Jаmes H Bliss с. J. Bаtty d. Miсhаel Роrter АNS: B 2.The mаin rоle оf mаnаgement ассоunting is: а. Deсisiоn mаking b. [...]
Advance Cost Accounting M.Com Part 1 Click Here https://www.surajpateleducation.com/2021/05/mcom-part-1-mcq-mumbai-university-mcom.html 1. Which of the following is not a feature of process costing A equivalent production B classification of costs into fixed and variable C duration of work in long D emergence of more than product ANS: 2 2. [...]
Cost Account M.Com Part ( I & II ) and T.Y.B.Com Very Importance MCQ Q.1 A functional classification of costs would classify “depreciation on office equipment” as a A. Product cost B. Administrative expense C. Selling expense D. Variable cost ANS: D Q.2. A particular cost is classified [...]
1. ……….set of account books are maintained under Non – Integrated system. a. One b. Two c. Three d. Four ANS: B 2. Idle time variance is always ………. a. Favourable b. Controllable c. Profitable d. Unfavourable ANS: A 3. Wages control A/c is debited by………. a. [...]
Youtuber : Suraj Patel Education ADVANCED COST ACCOUNTING M.COM [PART 1] Hello Friends… Aaj ke article me aap logo ko M.com Part 1 ADVANCED COST ACCOUNTING related MCQ provide karne wala hu yeah MCQs kafi jyada important hai M.COM ke Student ke liye. Friends is article me 25 MCQ honge agar aapko aur bhi artical chahie [...]
Illustration 1 1) From the following data, calculate Break-even Point ( B∈P) Selling Price Per Unit `40/- Variable Cost Per Unit `30/- Fixed overheads `40,000. If sales are 20% above B∈P , calculate the net profit. ANS: 1) P/V Ratio = Contribution X 100 [...]
MARGINAL COSTING AND ABSORPTION COSTING Formula Contribution Sale Profit –Volume (P/V) Ratio Breakeven Point: Margin of safety: 1) Contribution Contribution= Sales-Variable cost Or Contribution= F+P Contribution= Sales X PV Ratio 2) Sale Sales = Variable Cost + Contribution Sales = Contribution [...]
ADVANCE COST ACCOUNTING 1. In case of steam company, the cost per unit is calculated on the basis of (a) Total quantity of lbs. produced (b) Total quantity of kwh. generated (c) Total quantity of tones produced. ANS. A 2. Materials Requisition Note (a) Authorizes and records [...]