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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

Financial Accounting Topics

  • Accounting for Sales Tax
  • Cash Flow from Investing Activities
  • Accounts Payable Ledger
  • Funds From Operations (FFO)
  • Cash Flow Statement Practical Problems and Solutions
  • Company Final Acounts Practical Problems and Solutions
  • Profit or Loss Prior to Incorporation
  • Underwriting of Shares Questions and Answers
  • Benefits of short term loans
  • Issue and redemption of debentures practical problems and solutions

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

Question and Answers

  • 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
  • Sensitivity Analysis
  • Time series analysis and seasonal variations

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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