List of top Costing and Taxation Questions asked in WBBSE XII

Costing is mainly concerned with _ _ _ _
 

Fixed cost is a cost that _ _ _ _
 

GST stands for _ _ _ _
 

Income tax is a _ _ _ _
Distinguish between fixed cost and variable cost.
What is GST? Explain its features and advantages.
Explain the concept of direct tax and indirect tax with examples.
Prepare a simple format of a cost sheet and explain its components.
Define cost. Explain the elements of cost with examples.
Which of the following is a direct cost?