
CMA D

Quiz
•
Financial Education
•
University
•
Medium
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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