WBBSE-XII SERIES Costing-and-taxation
Cost Accounting Basics
6 previous year questions.
Volume: 6 Ques
Yield: Medium
High-Yield Trend
6
2026 Chapter Questions 6 MCQs
01
PYQ 2026
medium
costing-and-taxation ID: wbbse-xi
Costing is mainly concerned with _ _ _ _
1
Calculation of profit
2
Determination of cost of production
3
Preparation of balance sheet
4
Recording financial transactions
02
PYQ 2026
medium
costing-and-taxation ID: wbbse-xi
Fixed cost is a cost that _ _ _ _
1
Changes with production level
2
Remains constant within a certain range
3
Depends on sales only
4
Varies every month
03
PYQ 2026
medium
costing-and-taxation ID: wbbse-xi
GST stands for _ _ _ _
1
General Sales Tax
2
Goods and Service Tax
3
Goods and Services Tax
4
Government Service Tax
04
PYQ 2026
medium
costing-and-taxation ID: wbbse-xi
Income tax is a _ _ _ _
1
Direct tax
2
Indirect tax
3
Service tax
4
Excise duty
05
PYQ 2026
medium
costing-and-taxation ID: wbbse-xi
Define cost. Explain the elements of cost with examples.
06
PYQ 2026
medium
costing-and-taxation ID: wbbse-xi
Which of the following is a direct cost?
1
Factory rent
2
Office salary
3
Direct labour
4
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