Smartindia Classroom
CONTENTS
English I
Computer Application
Physics
Chemistry
Biology
Mathematics
History
Geography
Economics(optional)
Commercial Application
Civics
English II
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Question-1
_________ is the unit of measurement in terms of which cost is identified.
(A)
Cost Centre
(B)
Cost Sheet
(C)
Cost Unit
(D)
Overheads
Question-2
_________ costs are those costs which are ascertained after being incurred.
(A)
Traceable Cost
(B)
Historical Cost
(C)
Implicit Cost
(D)
Untraceable Cost
Question-3
________ costs are those costs which are beyond the control of a given person during a given period of time.
(A)
Controllable Costs
(B)
Uncontrollable Costs
(C)
Variable Costs
(D)
Fixed Costs
Question-4
A ________ means a work unit , a location , a person or a group of these for which costs may be ascertained and used for the purpose of cost control.
(A)
Cost Sheet
(B)
Cost Centre
(C)
Cost Unit
(D)
Overheads
Question-5
_________ are historical costs which have already been incurred.
(A)
Product Cost
(B)
Shut down Cost
(C)
Sunk Cost
(D)
Shut down Cost
Question-6
________ are those costs which can be easily, directly and wholly related to a particular cost unit or cost centre.
(A)
Indirect Cost
(B)
Direct Cost
(C)
Fixed Cost
(D)
Variable Cost
Question-7
________ are those materials which cannot be directly assigned to the specific product.
(A)
Direct Material
(B)
Indirect Material
(C)
Direct Labour
(D)
Indirect Expenses
Question-8
_______ are those which cannot be identified easily, directly and wholly with a particular cost unit or cost centre.
(A)
Fixed Cost
(B)
Direct Cost
(C)
Indirect Cost
(D)
Direct Labour
Question-9
________ costs are the changes in costs due to changes in the level of activity.
(A)
Opportunity Cost
(B)
Differential Cost
(C)
Marginal Cost
(D)
Replacement Cost
Question-10
__________ is the cost of producing one additional unit of a product.
(A)
Replacement Cost
(B)
Marginal Cost
(C)
Expired Cost
(D)
Opportunity Cost
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Std 10
ICSE/ISC
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