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Applied Cost Accounting MCQs: 181 Questions & Answers in Faculty

181 Applied Cost Accounting MCQs in Faculty with answers & explanations. Page 4. Practice objective questions for competitive exams, interviews & self-assess… Use the answer toggle below to show or hide all solutions, tap an option to check one question, or open a question for its own page.

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Applied Cost Accounting MCQs: 181 Questions & Answers in Faculty

A portion of work certified retained by contractee is known

Value of work done to the satisfaction of contractee

Contract price is the cost of work done plus a percentage

Contract price is fixed in advance

…………… is a graphical representation of marginal costing

……………….. is an angle formed in break even chart

The cost which remains constant with change in level of activities is called

The cost which varies proportionate to increase in production is …….. cost

The angle formed were the total cost line under sects the sale line is

Excess of actual sales over break even sales is …………………

Sales – variable cost = ……………………………………..

Break even units can also be called as ………………………

Variable cost can also be called as …………………………

The additional cost of producing an additional unit is called ……….

…….. is method of cost volume profit analysis

A factor that restrict the activities of a concern ……………..

The angle formed at the point of incidence of sales line to total cost…….

Excess of sales over break even sales is known as …………………..

A point at which there is neither profit nor loss ………………

Establishes the relationship between cost , volume of sales and profit is …..

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