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Play Accounting
  • Home
  • Financial Accounting
  • Cost Accounting
  • Q & A
  • Short questions
  • MCQs
  • Accounting Terms
Management Accounting Chapters
Budgetary Control
Capital Budgeting
Cash Management
Cost Audit and Management Audit
Cost of Capital
Financial Planning
Fund Flow Statement
Introduction to management accounting
Inventory Management
Marginal Costing
Ratio Analysis
Retained Earnings and Dividend Policy
Standard Costing
Working Capital

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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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