Vidyalelo
Commerce · all questions

Costing
practice.

Practice every MCQ with options. Use Show answers when you want the correct option and solution.

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Material requisition is meant for ________.

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ABC analysis is ________.

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___________ is the value of economic resources used as a result of producing or doing the thing costed.

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Perpetual inventory system involves __________

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FIFO is ________.

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LIFO method of pricing of materials is more suitable when _________.

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Average method of pricing the material issues is useful when ___________.

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Scrap is ________.

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Material is issued by store keeper against ________.

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EOQ stands for ________.

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GRN number refers to________.

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Bin card is maintained by ________.

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Labour turnover is ______.

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Idle time is ________.

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In__________ the workers are paid on the basis of hourly daily,weekly rate

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Difference between attendance time and job time is _______.

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Piece workers are paid on the basis of ________.

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Time wages are paid on the basis of ________.

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Differential piece wages means _______.

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Those cost which is incurred to prevent the labour turnover __________.

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