## Costing Practice Question for SEBI Grade A 2022

SEBI Grade A Costing Practice Question Test. Costing study material for SEBI Grade A Exam 2022. Costing, Companies Act, Economics, Commerce & Accountancy, Management and Finance Notes PDF for SEBI Grade A Preparation 2022. As we all know The Security Exchange Board of India (SEBI) has released the SEBI Grade A 2022 Notification for the recruitment of 120+ Assistant Managers across the country.

If you are preparing for SEBI Grade A 2022, you will come across a section on Costing, Companies Act, Economics”. In this post, you will attempt SEBI Grade A Costing Practice Question for your SEBI Grade A Preparation 2022. If you prepare this thoroughly, you can very easily crack SEBI Grade A 2022.

## SEBI Grade A 2022 – Costing Practice Question | Set- 4

1. Value added is the change in-

A. Face value

B. Market value

C. Book value

D. Realizable value

E. None of these

Correct Answer – B. Market value

2. Out of pocket payment involves payment to-

A. Managers

B. Promoters

C. Directors

D. Shareholders

E. Outsiders

3. Depreciation is ………..expenditure.

A. variable

B. Fixed

C. Direct

D. Indirect

E. Semi-variable

4. Opportunity cost does not involve-

A. Cash inflow

B. Cash outflow

C. Cash outlay

D. Either (a) or (b)

E. None of these

Correct Answer – C. Cash outlay

5. Work cost is the total of-

A. Direct cost

B. Indirect cost

C. Variable cost

D. Controllable cost

E. Uncontrollable cost

Correct Answer – D. Controllable cost

6. An opportunity cost is a-

A. Direct expense

B. Indirect expense

C. Variable expense

D. Fixed expense

E. Semi-variable expense

Correct Answer – A. Direct expense

7. The total of all direct expenses is known as-

A. Total cost

C. Prime cost

D. Work cost

E. None of these

Correct Answer – C. Prime cost

8. In …………. costing the cost of a group of products is ascertained.

A. Process

B. Job

C. Batch

D. Service

E. Marginal

9. ………..costing is used in transport undertaking.

A. Operating

B. Standard

C. marginal

D. Absorption

E. Service

10. Cost accounting is based on ……… figures.

A. Approximated

B. Estimated

C. Historical

D. Either (a) or (c)

E. None of these

 SEBI Grade A Free Study Material- Download Free PDF Commerce & Accountancy Practice Questions Management Practice Questions Finance Practice Questions Companies Act Practice Questions Costing Practice Questions Economics Practice Questions

## SEBI Grade A (Assistant Manager) 2022 Preparation Book  (VOL. II) – Costing, Companies Act and Economics

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