1631. An example of direct expense is

A. Direct Material cost
B. Direct labour cost
C. Both A and B
D. Hiring specialized equipment for a specific task *

1632. Coal used in a factory is an example of :

A. Direct Material
B. Direct expense
C. Indirect material *
D. Indirect expense

1633. Which of the following is not a relevant cost :

A. Replacement cost
B. Sunk cost *
C. Marginal cost
D. Replacement cost

1634. A cost which increases or decreases per unit when volume of output decreases or increases is :

A. Fixed cost *
B. Direct cost
C. Variable cost
D. Indirect cost

1635. Which of the following is a part of both prime cost and conversion cost :

A. Direct Material
B. Direct labour *
C. Indirect material
D. Indirect labour

1636. Which of the following is a technique of profit planning :

A. Standard costing and variance analysis
B. Marginal costing and cost volume profitable analysis *
C. Uniform costing
D. Multiple costing

1637. Which of the following is an effective technique of cost control?

A. Standard costing *
B. Budgetary control
C. Marginal costing
D. Uniform costing

1638. Which of the following industries are not suitable for use of multiple costing ?

A. Car manufacture
B. Radio manufacture
C. Paper mill *
D. Locomotive works

1639. Batch costing is a variant of :

A. Job costing *
B. Unit costing
C. Process costing
D. Multiple costing

1640. In Tyre manufacture, which method of costing should be used ?

A. Unit costing
B. Batch costing *
C. Job costing
D. Process costing