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Costing MCQ Questions and Solutions with Explanations | Commerce

Costing MCQ Questions and answers with easy and logical explanations. Commerce provides you all type of quantitative and competitive aptitude mcq questions with easy and logical explanations. Costing MCQ is important for exams like B.COM, M.COM, BBA, BBM, CA, CS, CMA, CPA, CFA, UPSC, NET, Banking and other commerce department exam. Page-1 section-10

Each section contains 100 MCQs on Costing .
1
Variable cost increases with . . . . . . . . in output.
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Answer & Solution
Answer: Option A
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2
What is the effect of increase in fixed cost?
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Answer & Solution
Answer: Option B
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3
The per unit expense of the . . . . . . . . portion factory overhead varies with the volume of production while . . . . . . . . portion remains the same with volume.
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Answer & Solution
Answer: Option A
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4
Which of the following is not included in estimating after tax incremental operating cash flows, for a project?
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Answer & Solution
Answer: Option C
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5
Study the following statements and mark your answers:
Wage Incentive Plans have the following objects:
I. Increasing worker's morale
II. Lowering unit cost
III. Lowering capital cost
IV. Lowering depreciation charges
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Answer & Solution
Answer: Option B
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6
Material control aims at achieving effective . . . . . . . .
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Answer & Solution
Answer: Option A
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7
Cost centre and cost unit are . . . . . . . .
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Answer & Solution
Answer: Option A
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8
Which of the following comes under efficiency ratios?
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Answer & Solution
Answer: Option D
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9
An unfavourable material usage arises because of:
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Answer & Solution
Answer: Option D
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10
For a transport concern like Bus Transport, the most appropriate method of costing technique will be:
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Answer & Solution
Answer: Option C
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