T.Y.B.Com. Costing Semester VI Question Bank.

 

 

T.Y.B.Com

 

Question Bank (SEM VI)

 

Cost Accounting

 

 

Q1.      Explain the meaning of Joint product and by product and Distinguish between them.   

Q2.      Write a short note on Abnormal Loss and Abnormal Gain.    

Q3.      State the application/advantages and limitations of Marginal Costing

Q4.      Explain the importance of Break Even point analysis. What are the steps in drawing Break Even Chart.                                                               

Q5.      Write a short note on P/V Ratio. 

Q6.      Write a short note on Margin of Safety. 

Q7.      Explain the advantages and Disadvantages of Standard Costing.     

Q8.      Write a note on Material Variances.       

Q9.      What do you mean by Work Certificated and Work uncertified.      

Q10.    What do you mean by Retention Money?         

Q11.   Write Short note on Non Integrated Cost Accounting System.

Q12.    Explain different types of Control Accounts?

Q13.    What do you mean by Target Costing? What are the steps / stages in implementation of target costing ?                               

Q14.    What are the elements of Target Costing?        

Q15.    What are the Characteristics of Product Life Cycle?     

Q16.    What are the benefits of Product Life Cycle Costing?

Q17.    What is meant by Benchmarking? What are types of Benchmarking? 

Q18.   Explain the advantages of Activity based Costing.

Q19.   Write a note on : Cost Plus Contract.

                                  *********