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Cost Accounting Interview Questions

Below we have listed all the Cost Accounting Interview Questions and answers. Feel free to comment on any Cost Accounting Interview Questions or answer by the comment feature available on the page.

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View All Cost Accounting Interview Questions & Answers - Exam Mode / Learning Mode

Cost accounting is a process of collecting, recording, classifying, analyzing, summarizing, allocating and evaluating various alternative courses of action & control of costs. Its goal is to advise the management on the most appropriate course of action based on the cost efficiency and capability. Cost accounting is a type of accounting process that aims to capture a company's costs of production by assessing the input costs of each step of production as well as fixed costs such as depreciation of capital equipment.

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Subcategories for Cost Accounting Interview Questions & Answers :-

Following are sub categories for which Interview Questions & Answers are available under Cost Accounting Interview Questions & Answers. Please select the appropriate sub-category:-

Cost Sheet Interview Questions & Answers (15) Exam Mode | Learning Mode

Labor Cost Control Interview Questions & Answers (26) Exam Mode | Learning Mode

Material Cost Control Interview Questions & Answers (35) Exam Mode | Learning Mode

Overhead Cost Control Interview Questions & Answers (23) Exam Mode | Learning Mode

Reconciliation of Cost and Financial Accounts Interview Questions & Answers (13) Exam Mode | Learning Mode

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What is the cost sheet?
4.0 Rating
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What is meant by cost accounting?
3.1 Rating
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Describe some of the methods used to allocate support costs.

2.9 Rating
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Describe some of the methods used to allocate support costs.
4.4 Rating
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What is the difference between Expenses and Expenditure?
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What is marginal cost?
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What is chargeback?

3.1 Rating
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What are fixed costs?
4.6 Rating
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Tell us about your experience in cost accounting.
2.9 Rating
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What is difference between cost accounting and financial accounting?
4.2 Rating
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Tell me about your experience in cost accounting?
3.5 Rating
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Wat is BEP in Cost Accounting?
3.3 Rating
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What is BEP?
3.1 Rating
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Explain the information about cost sheets?
4.1 Rating
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what does the name costing mean and what are the importance of costing?
3.0 Rating
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Explain some of the methods used to allocate support costs?
3.2 Rating
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What are fixed costs?
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What are the variable costs?
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What are variable costs?

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What is the difference between cash flow statement and funds flow statement
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India News Network
Latest 20 Questions
An offer which is open for acceptance over a period of time is: (a) Cross Offer (b) Counter Offer (c) Standing Offer (d) Implied Offer
Specific offer can be communicated to__________ (a) All the parties of contract (b) General public in universe (c) Specific person (d) None of the above
_________ amounts to rejection of the original offer. (a) Cross offer (b) Special offer (c) Standing offer (d) Counter offer
A advertises to sell his old car by advertising in a newspaper. This offer is caleed: (a) General Offer (b) Special Offer (c) Continuing Offer (d) None of the above
In case a counter offer is made, the original offer stands: (a) Rejected (b) Accepted automatically (c) Accepted subject to certain modifications and variations (d) None of the above
In case of unenforceable contract having some technical defect, parties (a) Can sue upon it (b) Cannot sue upon it (c) Should consider it to be illegal (d) None of the above
If entire specified goods is perished before entering into contract of sale, the contract is (a) Valid (b) Void (c) Voidable (d) Cancelled
______________ contracts are also caled contracts with executed consideration. (a) Unilateral (b) Completed (c) Bilateral (d) Executory
A offers B to supply books @ Rs 100 each but B accepts the same with condition of 10% discount. This is a case of (a) Counter Offer (b) Cross Offer (c) Specific Offer (d) General Offer
_____________ is a game of chance. (a) Conditional Contract (b) Contingent Contract (c) Wagering Contract (d) Quasi Contract
There is no binding contract in case of _______ as one's offer cannot be constructed as acceptance (a) Cross Offer (b) Standing Offer (c) Counter Offer (d) Special Offer
An offer is made with an intention to have negotiation from other party. This type of offer is: (a) Invitation to offer (b) Valid offer (c) Voidable (d) None of the above
When an offer is made to the world at large, it is ____________ offer. (a) Counter (b) Special (c) General (d) None of the above
Implied contract even if not in writing or express words is perfectly _______________ if all the conditions are satisfied:- (a) Void (b) Voidable (c) Valid (d) Illegal
A specific offer can be accepted by ___________. (a) Any person (b) Any friend to offeror (c) The person to whom it is made (d) Any friend of offeree
An agreement toput a fire on a person's car is a ______: (a) Legal (b) Voidable (c) Valid (d) Illegal
"Holiday Packages" announced as an advertisement are an example of _________: (a) Offer (b) Counter Offer (c) Invitation to Offer (d) None of the above
A match fixing contract between a player and a broker is a: (a) Valid Contract (b) Unenforceable Contract (c) Void Contract (d) Illegal Contract
When a bookseller sells a book on cash payment then it is called as ___________: (a) Unilateral Contract (b) Bilateral Contract (c) Executed Contract (d) Executory Contract
____________ agreements are created by situation: (a) Written (b) Oral (c) Void (d) Implied
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