Home > CompTIA Security+ Certification > Quizzes > CMA Foundation Exam: Fundamentals of Costing Practice Test
CMA Foundation Exam: Fundamentals of Costing Practice Test
Fast practice, instant feedback. Timer auto-submits when time’s up.
Avg score: 17% • Most missed: “Depreciation on building is an example of”

The CMA Foundation exam syllabus includes the following topics for Fundamentals of Cost Accounting:
Meaning of Cost Accounting
Definition of Cost Accounting
Significance of Cost Accounting
Relationship of Cost Accounting with Financial, Accounting, and Management Accounting
Classification of Costs
Format of Cost Sheet 

Related Test: CMA Foundation Exam: Fundamentals of Accounting Practice Test

CMA Foundation Exam: Fundamentals of Costing Practice Test
Time left 00:00
25 Questions

1. Which of following is appropriate Cost Unit for timber industry?
2. Cost of staff services is an example of
3. Costing is a technique of
4. Which of the following ‘CAS’ is related to “Pollution Cost”?
5. Direct Expenses are also known as
6. All indirect costs are termed as
7. In behavioural analysis, costs are divided into
8. The works cost plus administration expenses represents
9. From the following information, find out purchases when raw material consumed is 26,500; Closing stock 4,500 and opening stock 3,000.
10. Opportunity cost is the best example of
11. In the situation of increasing prices, the valuation of closing stock is more under:
12. The main purpose of cost accounting is to
13. Variable costs are fixed
14. Interest on own capital is
15. Carriage outward is a part of
16. Prime cost may be correctly termed as
17. Indirect material cost is a part of
18. Which of the following is not a technique of costing?
19. Over which the following costs, management is likely to have least control?
20. Which of the following term is excluded from the cost accounts?
21. CAS-21 is related to
22. Which one is included in financial accounts but not in cost accounts?
23. Which of the following is a part of both Prime cost and Conversion cost?
24. When the volume of output is increased then the per unit fixed cost will be
25. Notional cost is also known as

⚡ Recently practiced quizzes in this topic
Live quiz activity
CompTIA Security+ Certification Exam CompTIA Cybersecurity Analyst Plus CySA+ CS0-001 Questions CompTIA Security+ SY0-601 Certification Exam Terms To Know Hardening Pentest+ CySA+ (CS0-002) Review Questions Physical Security Cybersecurity Assessment Test Virtualization (And Security) Overview of Security
 
❤ If you liked Fatskills, consider supporting us by checking out The Life Manuals You Never Got.

🌈  Our mission is to help improve your scores in any subject and exam withonline quizzes, practice tests, study guides, & advice for students. Since 2018.
About | Explore | User Guide | Topics | Subjects | Doubt Solver | Career Aptitude Test | Answers | Free Tools | What Should We Know?
Privacy | Terms |
Without work one finishes nothing. - Ralph Waldo Emerson
© 2026 Fatskills.com

All trademarks, logos and brand names are the property of their respective owners. All company, product and service names used in this website are for identification purposes only. Use of these names, trademarks and brands does not imply endorsement.