Top 50+ Solved Basics of Cost Accounting MCQ Questions Answer
Q. Direct expenses are also known as ……………..expenses.
a. Indirect
b. Productive
c. Chargeable
d. none
Q. The expenses which can be identified with and allocated to cost centers and cost units aretermed as……………..
a. Direct material
b. Direct labour
c. Direct expenses
d. none
Q. Fees paid to Architect is the example of…………...
a. Direct labour
b. Direct expenses
c. Direct material
d. none
Q. The total of direct material, direct labour and direct expenses is known as………..
a. Works Cost
b. Prime Cost
c. Cost of Production
d. none
Q. Direct…………..enter the product and form a part of finished product.
a. Expenses
b. Labour
c. Materials
d. none