Introduction to cost accounting – MCQs quiz

True Tamplin

Written by True Tamplin, BSc, CEPF®
Updated on June 19, 2021

We have prepared a multiple-choice questions (MCQs) quiz for the chapter Introduction to cost accounting so that students can prepare themselves for their exams and interviews. This MCQs quiz consists of 9 multiple choice questions with 4 answers for each question. Students need to choose the correct answer to move to the next question.
If you feel any difficulty to answer the questions we strongly recommend thoroughly read Chapter Cost Accountancy from our Cost and Management Accounting section from the main horizontal menu bar.
Let’s take the MCQs quiz:

1. Financial Accounting is concerned with the:

2. The nature of financial accounting is:

3. The main object of cost accounting is:

4. Cost accounting emerged mainly on account of:

5. Advantages of cost accounting system accrue:

6. Cost Accounting is applied to:

7. A colliery company employes:

8. Marginal Costing is concerned with:

9. A biscuit manufacturing concern employes:


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