KSBM – Cost Accounting Management – Why is operating costing called service costing ?-Discuss the accounting treatment of the spoilage and defectives in cost accounts.

Why is operating costing called

 Cost Accounting Management


Q1. Mention major items of expenses or income, which will appear in financial accounts, but will not normally appear in cost accounts.

Q2. What is standard costing and how would you distinguish it from budgetary control

Q3. If a company sells more units than it produces, would the the profits reported by absorption costing tend to be higher or lower than the profits reported by variable costing ?why?

Q4. Why is operating costing called service costing ? describe in brief the cost accumulating procedure under operating costing.

Q5. Discuss the accounting treatment of the spoilage and defectives in cost accounts.

Q6. Explain the meaning of batch costing how does such accosting differ from job costing?

Q7. Discuss briefly the principle to be followed while taking credit for profit on incomplete contracts?

Q8. Discuss the various methods of treatment of research and development costs in cost account.



Need Answer Sheet of this Question paper, contact




ARAVIND – 09901366442 – 09902787224

We are a team of highly committed professionals, who aim at helping Clients to achieve their Goals. We believe in establishing long-term relationships with our clients by delivering value added services of high quality. We are sensitive to our Clients requirements without compromising on values like Integrity and trust. Understanding the abilities, offering them Quality services and meeting our client’s requirements at the right time are our Forte.


We are in to this business since 14 years. And we are providing case study Answers, Assignment solutions, Multiple Question Answers and Project Reports of more than 40 + International B School (Indian and Foreign Universities)


Currently we are having more than 2, 00,000 Case study Answers. And 4,000 newly created Project Reports.


We are global leader in providing help to students for their assignments, projects, homework, Dissertation etc. Our ultimate aim is students best results and there long term relation with us. Our services are focused on, on time delivery, superior quality, creativity, and originality for every assignment we do.