Business and Finance MCQs Test 06 Preparation Online

1. What is the objective of cost accounting ?

2. The excess of current assets over current liabilities is called:

3. Prepaid expenses appearing in a trial balance will figure in the:

4. A bank account is a:

5. What is Conversion Cost ?

6. Sale of old furniture on credit will appear in the:

7. Which method of costing is used by sugar mills ?

8. Goodwill of a firm represents:

9. In an integrated costing system, most of the data relevant to cost accounting comes from the:

10. Depreciation is the process of: