Question: Please answer all the questions I have no more attempts left . and put the number before the answer. Cost Accounting Question 1 Not yet

Please answer all the questions I have no more attempts left . and put the number before the answer. Cost Accounting
 Please answer all the questions I have no more attempts left
. and put the number before the answer. Cost Accounting Question 1
Not yet answered Marked out of 1 Flag question Cost Accounting is
concerned with: O a. the recording of all the costs incurred in
a business O b. the recording of all the direct costs incurred
in a business O c. the recording of all the revenue incurred

Question 1 Not yet answered Marked out of 1 Flag question Cost Accounting is concerned with: O a. the recording of all the costs incurred in a business O b. the recording of all the direct costs incurred in a business O c. the recording of all the revenue incurred in a business d. the recording of all the expenses incurred in a business Question 2 Not yet answered Marked out of 1 P Flag question Administration overheads include a. All of these. b. Audit and legal fees. O c. Salaries of administrative Staff. d. Office rent, rates, taxes. Question 3 Not yet answered Marked out of 1 P Flag question Which method of costing helps to judge relative profitability of a business? a. Absorption costing. b. Just-in-time costing. c. Perpetual inventory costing. O d. Periodic costing. Question 4 Not yet answered Marked out of 1 P Flag question With expansion and growth of their business activities, the KM hypermarket had gained adequate reputation in the market. However, with increased sales, the expenses of warehouse staff salaries, expenses of delivery van and storage expenses also multiplied. Under which category of overheads, this increased expenditure could be categorized? a. Production overheads O b. All of these. O c. Office overheads O d. Selling overheads Question 5 Not yet answered Marked out of 1 Flag question Avoidable causes of labour turnover include O a. Climatic conditions O b. Seasonal nature the business O c. Lack of proper training facilities and promotional avenues O d. Change in the location of the plant or factory Question 6 Not yet answered Marked out of 1 P Flag question When Sales is OMR 100,000 and Variable cost is OMR 46,500, what would be the amount of Contribution? O A. OMR 50.000 O b. OMR 146,500 O c. None of these. O d. OMR 53,500

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