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Cost Accounting
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Cost Accounting
The relationship between independent variable and dependent variable must be
general ledger
non-achievable
non measureable
economically plausible
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Cost Accounting
Which of the following document evidences the transaction of purchase of material?
Material requisition
Store requisition
Purchase order
Purchase invoice
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Cost Accounting
The part of the master budget, which covers the capital expenditures, budgeted statement of cash flows and balance sheets are classified as
financial budget
capital budget
cash flows budget
balanced budget
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rikazzz
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Cost Accounting
Buyer produced 20,000 units and their total factory cost was Rs. 450,000 other cost like property tax on factory building was Rs. 10,000 included in that cost till year ended the cost of per unit would be:
Rs. 22.5
Rs. 23.5
Rs. 24.5
Rs. 26.5
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rikazzz
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Cost Accounting
The standard error of regression analysis is known as
average of coefficient
variance of residual
mean of residual
average of residual
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rikazzz
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Cost Accounting
The P/v ratio of a company is 50% and margin of safety is 40%. If present sales is Rs. 30,00,000 then Break Even Point in Rs. will be:
Rs. 9,00,000
Rs. 18,00,000
Rs. 5,00,000
None of the above
Author:
rikazzz
Comment
Cost Accounting
If the actual price input is $500, the budgeted price of input is $300 and the actual quantity of input is 50 units, then the price variance would be
$4,000
$6,000
$8,000
$10,000
Author:
rikazzz
Comment
Cost Accounting
The fixed manufacturing cost under variable costing is
inventoriable
non-inventoriable
high dividend
low dividend
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rikazzz
Comment
Cost Accounting
An allocation approach, in which all the overhead entries are restated using actual cost rates in place of budgeted rates is called
unadjusted budget rate approach
adjusted allocation rate approach
unadjusted allocation rate approach
adjusted budget rate approach
Author:
rikazzz
Comment
Cost Accounting
Considering the balanced scorecard, the perspective in which performance of organization includes is
financial perspective
learning and growth perspective
customer perspective
all of above
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rikazzz
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