Costing - Study Mode

[#231] . . . . . . . . costing is a type or technique of costing.
Correct Answer

(A) Marginal

[#232] Which of the following would increase the cash flow of a firm?
Correct Answer

(A) A decrease in inventory

[#233] Under Merrick's multiple piece rate system, ordinary piece rate is given to workers whose level of performance is between . . . . . . . . of the standard output.
Correct Answer

(C) 0% and 83%

[#234] Cost accounting is based on . . . . . . . . . figures.
Correct Answer

(A) estimated

[#235] Match the items of List-I with List-II . List-I List-II a. Intangible assets 1. Ind AS 31 b. Impairment of assets 2. Ind AS 34 c. Interim financial reporting 3. Ind AS 36 d. Interests in joint ventures 4. Ind AS 38
Correct Answer

(B) a-4, b-3, c-2, d-1