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How to Crack Free for 100 Marks FPSC/PPSC/SPSC/KPPSC/AJKPSC/NTS Tests?

Dear fellows, hope you are all doing well. Seeking a respectable job after completion of graduation is a desire of our youth. Every year government of Pakistan advertises hundreds of thousands of jobs range from BS-9 to BS-17. Hundreds of thousands of unemployed youth start preparing themselves for 100 marks exams (One Paper MCQs Tests). Although all of them prepare themselves well, still, they don’t qualify written part of One Paper MCQs exams conducted by FPSC, PPSC, SPSC, KPPSC, AJKPSC, NTS, and any other commission.

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Accounting and Auditing MCQs MCQs

Cost Accounting MCQs (Set-II) | for FPSC and all other One Paper MCQs Tests

Direct material opening inventory add net purchases is called
(a) Material consumed
(b) Material available for use
(c) Total material purchased
(d) Material ending inventory
Answer: b

Which of the following is to be called product cost
(a) Material cost
(b) Labor cost
(c) FOH cost
(d) All of these
Answer: d

Which of the following cannot be used as a base for the determination of overhead absorption rate?
(a) Number of units produced
(b) Prime cost
(c) Conversion cost
(d) Discount Allowed
Answer: d

A Blanket Rate is:
(a) A single rate which used throughout the organization departments
(b) A double rates which used throughout the organization departments
(c) A single rates which used in different departments of the organization
(d) None of the given options
Answer: a