Teaching UGC NET Mock Test Series 2025 (Paper 1 & 2) Accounting and Auditing Financial Statements Analysis Auditing
Cost audit for Materials covers :
(A) Goods inward procedure.
(B) Methods of calculating standard cost variance.
(C) Classification of overhead.
(D) Accounting for scrap, wastage, materials transfers
(E) Accounting treatment of under or over absorption
Choose the most appropriate answer from the options given below:
1
(A), (D) only
2
(A), (E) only
3
(A), (B) only
4
(E), (C) only