Explore topic-wise MCQs in Cost Accounting.

This section includes 8 Mcqs, each offering curated multiple-choice questions to sharpen your Cost Accounting knowledge and support exam preparation. Choose a topic below to get started.

Explore topic-wise MCQs in Cost Accounting.

If a firm produces 200 units of commodity X by employing 10 workers and 240 units of the same commodity by employing 12 workers, then the Average Product of the worker is

When two or more different goods are produced together by a single firm, it is called as _________ supply.

If the proportionate change in the supply is equal to the proportionate change in price, it is said to be _______ supply.

The money supply affects the rate of interest; when the money supply increases, rate of interest will be decreased. It is explained by _____________

________ refers to the quantity of a commodity which a firm is willing to produce and offer for sale.

________ refers to the market situations whether there is one seller and there is not close substitute to the commodity sold by the seller.

In a perfect competition, a firm earns super normal profit when the AR of the firm _____ the ACT of the firm.

Which one of the following functions of commercial banks include collection of cheques, drafts, bill of exchange etc. of their customers from other banks?