MCQ for CA Intermediate COSTING - Chapter 6 - COST SHEET

Sample Multiple Choice Questions (MCQ's) for CA Intermediate - Paper 1 - COST AND MANAGEMENT ACCOUNTING Chapter 6: COST SHEET - For Practice relevant for May/November 23 Examinations


Q1. Generally, for the purpose of cost sheet preparation, costs are classified on the basis of:

  1. Functions
  2. Variability
  3. Relevance
  4. Nature 

Answer: 1

Q2. Salary paid to plant supervisor is a part of

  1. Direct expenses
  2. Factory overheads
  3. Quality control cost
  4. Administration cost

Answer: 2

Q3. Audit fees paid to auditors is part of:

  1. Administration Cost
  2. Production cost
  3. Selling & Distribution cost
  4. Not shown in cost sheet

Answer: 1

Q4. Salary paid to factory store staff is part of

  1. Factory overheads
  2. Production Cost
  3. Direct Employee cost
  4. Direct Material Cost.

Answer: 1

Q5. Canteen expenses for factory workers are part of:

  1. Factory overhead
  2. Administration Cost
  3. Marketing cost
  4. None of the above.

Answer: 1

Q6. A company pays royalty to State Government on the basis of production, it is treated as: 

  1. Direct Material Cost
  2. Factory Overheads
  3. Direct Expenses
  4. Administration cost. 

Answer: 3


CA Intermediate COSTING - MCQ for Chapter 7 -   

To get back to the Chapterwise MCQ List Page       

Hope you can find this article helpful. If you did like the content then Share it with your friends who are preparing for CA Inter Exams or who will be giving their CA Inter Exams in the near future.