Costing Practice Question for SEBI Grade A 2022
SEBI Grade A Costing Practice Question Test. Costing study material for SEBI Grade A Exam 2022. Costing, Companies Act, Economics, Commerce & Accountancy, Management and Finance Notes PDF for SEBI Grade A Preparation 2022. As we all know The Security Exchange Board of India (SEBI) has released the SEBI Grade A 2022 Notification for the recruitment of 120+ Assistant Managers across the country.
If you are preparing for SEBI Grade A 2022, you will come across a section on “Costing, Companies Act, Economics”. In this post, you will attempt SEBI Grade A Costing Practice Question for your SEBI Grade A Preparation 2022. If you prepare this thoroughly, you can very easily crack SEBI Grade A 2022.
SEBI Grade A 2022 – Costing Practice Question | Set- 4
1. Value added is the change in-
A. Face value
B. Market value
C. Book value
D. Realizable value
E. None of these
2. Out of pocket payment involves payment to-
A. Managers
B. Promoters
C. Directors
D. Shareholders
E. Outsiders
3. Depreciation is ………..expenditure.
A. variable
B. Fixed
C. Direct
D. Indirect
E. Semi-variable
4. Opportunity cost does not involve-
A. Cash inflow
B. Cash outflow
C. Cash outlay
D. Either (a) or (b)
E. None of these
5. Work cost is the total of-
A. Direct cost
B. Indirect cost
C. Variable cost
D. Controllable cost
E. Uncontrollable cost
6. An opportunity cost is a-
A. Direct expense
B. Indirect expense
C. Variable expense
D. Fixed expense
E. Semi-variable expense
7. The total of all direct expenses is known as-
A. Total cost
B. Overhead
C. Prime cost
D. Work cost
E. None of these
8. In …………. costing the cost of a group of products is ascertained.
A. Process
B. Job
C. Batch
D. Service
E. Marginal
9. ………..costing is used in transport undertaking.
A. Operating
B. Standard
C. marginal
D. Absorption
E. Service
10. Cost accounting is based on ……… figures.
A. Approximated
B. Estimated
C. Historical
D. Either (a) or (c)
E. None of these
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SEBI Grade A (Assistant Manager) 2022 Preparation Book (VOL. II) – Costing, Companies Act and Economics
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