MCQ for CA Intermediate COSTING - Chapter 8 - UNIT & BATCH COSTING

Sample Multiple Choice Questions (MCQ's) for CA Intermediate - Paper 1 - COST AND MANAGEMENT ACCOUNTING - Chapter 8: UNIT & BATCH COSTING - For Practice relevant for May/November 23 Examinations

 

Q1. Different businesses in order to determine cost of their product or service offering follow

  1. Different methods of Costing
  2. Uniform Costing
  3. Different techniques of costing
  4. None of the above

Answer: 1

Q2. In order to determine cost of the product or service, following are used: 

  1. Techniques of costing like Marginal, Standard etc.
  2. Methods of Costing
  3. Comparatives
  4. All of the above

Answer: 2

Q3. In case product produced or jobs undertaken are of diverse nature, the system of costing to be used should be:  

  1. Process costing
  2. Operating costing
  3. Job costing
  4. None of the above

Answer: 3

Q4. Job Costing is: 

  1.  Applicable to all industries regardless of the products or services provided
  2. Technique of costing
  3. Suitable where similar products are produced on mass scale
  4. Method of costing used for non- standard and non- repetitive products.

Answer: 4

Q5. Batch costing is a type of:

  1. Process costing
  2. Job Costing
  3. Differential costing
  4. Direct costing

Answer: 2

Q6. The main points of distinction between job and contract costing includes: 

  1. Length of time to complete.
  2. Big jobs
  3. Activities to be done outside the factory area
  4. All of the above

Answer: 4

 

CA Intermediate COSTING - MCQ for Chapter 9 -   

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