Commerce · all questions

Costing
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Q1181

Bin card is also known as-

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Q1182

Consider the following.
1. Basic defensive and interval ratio
2. Current ratio
3. Super quick ratio
4. Quick ratio
Arrange these ratios in sequence to reflect the liquidity in descending order.

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Q1183

An increase in fixed costs will result, in which of the following?

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Q1184

AFC is computed by:

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Q1185

Match the items of List-I with those of List-II and indicate the correct canswer:

List-I	List-II
a. Postage stamp pricing	1. Equality of marginal and average cost
b. Loss leader	2. Constant average and marginal cost
c. Economic capacity	3. Product line pricing
d. Reserve capacity	4. Differential pricing

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Q1186

Match the following.

List-I	List-II
a. Excess of actual sales over the break-even sales volume	1. Contribution
b. Sum of fixed cost and profit	2. Cost volume profit analysis
c. Break-even chart	3. Unaffected by change in output
d. Break-even point	4. Margin of safety

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Q1187

The amount at any given volume of output by which aggregate costs are changed if the volume of output is increased or decreased by one unit, can be otherwise termed as:

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Q1188

In the case of plant, the limiting factor may be:

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Q1189

Continuous material check is a part of which of the following?

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Q1190

The portion of earnings distributed among shareholders in the form of dividend is called

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Q1191

Basis of apportionment of welfare department expenses is . . . . . . . .

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Q1192

. . . . . . . . is maintained to know how the worker's time shown by the time card is spent on various jobs.

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Q1193

Cost accounting is

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Q1194

Which of the following accounts is similar to the inventory account of a merchandising company?

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Q1195

. . . . . . . . does not form part of production.

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Q1196

An examination of the sources and uses of funds is a part of

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Q1197

. . . . . . . . arises where the actual process loss is less than the normal predetermined process loss.

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Q1198

Which of the following affects the flow of funds?

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Q1199

Cost accounting is based on-

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Q1200

Which of the following statement is true?
Statement 1: Financial statements are prepared on the basis of accounting principles.
Statement 2: Any changes in accounting principles or method will affect the utility of the financial statements.

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