CMA D

CMA D

University

11 Qs

quiz-placeholder

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CMA D

CMA D

Assessment

Quiz

Financial Education

University

Medium

Created by

Trinley Paldon

Used 4+ times

FREE Resource

11 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Cost unit and cost centre have the same meaning.

True

False

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Variable cost per unit remains fixed.

True

False

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Total fixed cost remains unaffected by changes in the volume of output.

True

False

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Salaries paid to salesmen come under direct cost included in prime cost.

True

False

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Cost of leather in shoe making is a direct cost.

True

False

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Direct material cost is the material cost which can be allocated to cost centres or cost units.

True

False

7.

FILL IN THE BLANK QUESTION

1 min • 1 pt

The techniques and processes of ascertaining cost is known as ....

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