This file contain accounting and auditing MCQs. They are very useful for those students who wants to appear for different tests in Pakistan
basaic accounting mcqs for the ability test
best and top accounting mcqs with answers
mcqs on accounting
Cost Accounting By Polemni
its a guide in cost accounting
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cost accounting sample final exam
Cost Accounting
This will be very helpful for Anna University MBA Examination. I Did M.B.A 2011-2013 at Jei Mathaajee College of Engineering (Affiliated to Anna University).
Solution Manual
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The ZICA Manual for Cost Accounting
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Cost Accounting Quiz
http://172.16.2.20/printqp.php?heading=III B Bcom(IT) [2011-2014], S...
raw material is Rs. 25,000. What is the cost of raw material purchased? A. Rs. 4,50,000. B. Rs. 4,75,000. C. Rs. 5,25,000. D. Rs. 5, 50,000. ANSWER: B 147. If selling price is Rs. 25,000 and profit is Rs. 5,000 then what is the percentage of profit on cast?__________ A. 20%. B. 25%. C. 33.33%. D. 35%. ANSWER: B 148. Material control involves__________. A. consumption of material B. issue of material. C. purchase of material. D. purchase, storage and issue of material. ANSWER: C 149. Material requisition is meant for _________. A. purchase of material. B. supply of material from stores. C. sale of material. D. storage of material. ANSWER: B 150. Stock control through stock levels and EOQ is called ________. A. demand and supply method. B. perpetual inventory system. C. control by important and exception. D. automatic order method. ANSWER: B