List of top Questions asked in CBSE CLASS XII

Chef's cost comes under the category of _______ cost.
Composite cost unit under operating costing refers to _______ of service.
Give any one general principle of process costing.
After completion of the contract, with which price is the contractee's account debited and contractor's account credited?
Define normal loss.
In each process all direct costs and overheads are:
Normal loss is borne by production department, but it leads to _______ in cost per annum.
Paper manufacturing industries adopts _______ costing. Why?
What is meant by the term “Retention money”?
Salary and wages paid to labourers engaged at site are direct cost hence debited to:
Name an industry where batch costing is suitable.
_______ costing is suitable for bridge construction.
Write an objective of Job Costing.
The work shall be judged by contractee's architect, surveyor or engineer who issue a certificate, stating the value of work done so far. This certificate is called:
The list of materials required for a particular job for smooth execution of the job, prepared by the planning department, is called:
Which of the following is not a disadvantage of Job Costing?
Name the document that provides information regarding progress of each job at each operation.
Carriage outwards is _______ overheads.
Estimated cost sheet is based on predictable cost figures which are estimated by looking at past figures and analysing the _______ situation.
State whether the following statement is True or False: “Direct cost, Works cost, Cost of production and Total cost are the components of Cost Sheet.”
In which form is the Production Account presented?
What is Startup?
Which of the following is not a presentation software?
Total cost is also known as
There is a garbage bin in your class and it generally gets filled beyond capacity every day. What should you do?