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  • Home
  • Financial Accounting
  • Cost Accounting
  • Q & A
  • Short questions
  • MCQs
  • Accounting Terms

Cost accounting MCQs

In this section, we have prepared Cost Accounting MCQs Quiz for students to assess their concepts about Cost Accounting topics. These multiple choice questions quizzes can help students to prepare them for exams, Viva and interviews. If students face any difficulty to answer the questions, please go to our Cost Accounting explanation section and read all topics thoroughly.

Please choose any Cost Accounting chapter below to take the MCQs quiz.

Introduction to cost accounting – MCQs quiz

November 7, 2020May 2, 2019 by Abbas Ahmad

We have prepared a multiple-choice questions (MCQs) quiz for the chapter Introduction to cost accounting so that students can prepare themselves for their exams and interviews. This MCQs quiz consists of 9 multiple choice questions with 4 answers for each question. Students need to choose the correct answer to move to the next question. If …

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Categories Cost accounting MCQs 3 Comments

Process Costing MCQs

November 7, 2020February 21, 2019 by Abbas Ahmad

Process Costing MCQs quiz is prepared for the students to test their knowledge and clear their concepts. This may also be helpful to prepare objective exam and interviews. Process costing multiple choice question quiz consists of 9 questions with 4 options as the answer. Students need to select the correct option to proceed to the next question. …

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Categories Cost accounting MCQs 2 Comments

Specific Order Costing MCQs

November 11, 2020February 21, 2019 by Abbas Ahmad

Take the quick MCQs test to test your knowledge about Specific Order Costing System. This multiple choice questions quiz may helpful for the preparation of objective exams and interviews. Let’s take Specific order costing MCQs quiz below:

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Overhead Costing MCQs

November 7, 2020February 21, 2019 by Abbas Ahmad

MCQs always help students to clear their concepts and test knowledge about a particular subject. Here, We have prepared Overhead Costing MCQs for the students to prepare themselves for objective exams and to appear for an interview. How to take Overhead Costing MCQs quiz? Overhead costing MCQs quiz consists of 12 questions with 4 multiple choice options for …

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Categories Cost accounting MCQs 5 Comments

Labour Costing MCQs

November 7, 2020February 20, 2019 by Abbas Ahmad

We have prepared the Labour Costing MCQs quiz for the students to get clear their concepts. This quiz may also be helpful for their objective exams and to prepare themselves for job interviews. Labour Costing MCQs quiz consists of 7 questions with 4 options for each question. Students need to choose the correct answer. Below …

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Categories Cost accounting MCQs 9 Comments

Material Costing MCQs

November 7, 2020February 20, 2019 by Abbas Ahmad

Material Costing MCQs test will be helpful for the students to clear their concepts and to prepare themselves for the objective exam. This will also be helpful for individuals who are going to appear in an interview. Material Costing (MCQs) Multiple Choice Questions quiz consists of 14 questions. All questions have 4 multiple choice options from …

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Categories Cost accounting MCQs 4 Comments

Cost Concept, Analysis and Classifications MCQs

November 7, 2020February 20, 2019 by Abbas Ahmad

Cost Concept, analysis and classifications MCQs test consists of 14 questions, every question has 4 or 5 answers with one correct option. You need to choose the correct answer to move to the next MCQs. Multiple choice questions test for the Chapter Cost concepts, analysis and classifications will be helpful for the students to prepare …

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Responsibility Accounting – Multiple Choice Questions (MCQs)

November 7, 2020December 3, 2018 by Abbas Ahmad

We have prepared MCQs quiz test for students to assess their conceptual learning about Responsibility Accounting. If you face any difficulty to answer the questions we advise you to thoroughly read Responsibility Accounting Chapter from Cost Accounting explanation section.

Categories Cost accounting MCQs 1 Comment

Introduction to Managerial Accounting MCQs

November 7, 2020November 30, 2018 by Abbas Ahmad

Next Quiz: Cost of goods sold and income statement

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Cost of goods sold statement and income statement MCQs

November 7, 2020November 29, 2018 by Abbas Ahmad

Next Quiz: Product Costing Systems 

Categories Cost accounting MCQs 1 Comment

Product Costing Systems MCQs Quiz

November 7, 2020November 28, 2018 by Abbas Ahmad

Next Quiz: Activity-based Costing 

Categories Cost accounting MCQs 1 Comment

Activity-based Costing MCQs

November 7, 2020November 27, 2018 by Abbas Ahmad

Next Quiz: Cost behavior and Cost estimation MCQs

Categories Cost accounting MCQs Tags Activity based cost, activity based costing example company, activity based costing steps 5 Comments

Cost behavior and Cost estimation MCQs

November 7, 2020November 26, 2018 by Abbas Ahmad

Next MCQs Quiz: Inventory Management  

Categories Cost accounting MCQs 2 Comments

Inventory Management MCQs

November 15, 2020November 25, 2018 by Abbas Ahmad

We have prepared Inventory Management MCQs Quiz for the students of accounting and finance to help them get prepared for their exams and interviews. This multiple-choice questions quiz consists of 30 questions with 4 options each. After taking this Inventory Management Multiple Choice Questions and Answers quiz, students will be able to conduct any related …

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Categories Cost accounting MCQs 1 Comment

Capital Budgeting MCQs

November 7, 2020November 24, 2018 by Abbas Ahmad

Next Quiz: Flexible Budgets

Categories Cost accounting MCQs 1 Comment

Flexible Budgets MCQs

November 7, 2020November 23, 2018 by Abbas Ahmad

Take flexible budgets MCQs quiz to assess your knowledge. Next Quiz: Standard Costing MCQs

Categories Cost accounting MCQs 2 Comments

Standard Costing MCQs

November 7, 2020November 22, 2018 by Abbas Ahmad

We have prepared this MCQs quiz for Standard Costing so that students can assess who much they learned about this topic. Take the MCQs quiz below. Next Quiz: Variable Costing MCQs

Categories Cost accounting MCQs 1 Comment

Variable Costing MCQs

November 7, 2020November 21, 2018 by Abbas Ahmad

Next Quiz: Cost, Volume and Profit Analysis MCQs

Categories Cost accounting MCQs 2 Comments

Cost, Volume and Profit Analysis MCQs

November 7, 2020November 20, 2018 by Abbas Ahmad

Next Quiz: Decision Making- Multiple Choice Questions (MCQs)

Categories Cost accounting MCQs 2 Comments

Decision Making – Multiple Choice Questions (MCQs)

November 7, 2020November 19, 2018 by Abbas Ahmad

Next Quiz: Pricing – Multiple Choice Questions (MCQs)

Categories Cost accounting MCQs 3 Comments

Pricing – Multiple Choice Questions (MCQs)

November 7, 2020November 18, 2018 by Abbas Ahmad

Next Quiz: Responsibility Accounting – Multiple Choice Questions (MCQs)

Categories Cost accounting MCQs 4 Comments

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Financial Accounting Topics

  • Final Accounts of Sole Proprietorship – Practical Problems and Solutions
  • Classification of assets and liabilities
  • Computerized Accounting
  • Adjusting Entry for Accrued Income
  • Accounting Conventions
  • Creative Accounting
  • Window Dressing
  • Enterprise Value
  • Carrying Value or Book Value
  • Indifference Analysis

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Cost Accounting Topics

  • Goods in transit
  • Periodic Inventory System
  • Factory Overhead Practical Problems and Solutions
  • Important Techniques of Factory Overhead Costing
  • Important techniques of labour costing
  • Labour Costing Practical questions with answers
  • Job Order Costing Examples, Practical Problems and Solutions
  • Predetermined Overhead Rate
  • Cost of production report (CPR) questions and answers
  • Incentive Plans

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Question and Answers

  • Financial Reporting
  • Inventory Control System
  • Statement of changes in working capital
  • How to measure the acquisition cost of property, plant and equipment?
  • Comparison Between Different Cost Flow Assumptions
  • Application of different Cost Flow Assumptions
  • How to Determine the Cost of Ending Inventory
  • Methods of Estimating Ending Inventory
  • Lower of Cost or Market (LCM) Theory
  • Perpetual Inventory System

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Cost Accounting MCQs

  • Introduction to cost accounting – MCQs quiz
  • Process Costing MCQs
  • Specific Order Costing MCQs
  • Overhead Costing MCQs
  • Labour Costing MCQs
  • Material Costing MCQs
  • Cost Concept, Analysis and Classifications MCQs

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