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Multiple Choice Questions for Chapter 3 Cost and Revenue are an important part of exams for Class 12 In this section, we have prepared Cost Accounting MCQs Quiz for students to assess their concepts about Cost Accounting topics. cost sheet 4. QUESTIONS ca sunil keswani cost sheet cost sheet question reference page no. 35. 20,000 and accumulated depreciation amounting to Rs. Get Cost accounting Multiple Choice Questions (MCQ Quiz) with answers and detailed solutions. Answer: C. This article deals with MCQs on Refer to CBSE Class 12 Economics Forms of Market and Price Determination MCQs provided below available for download in Pdf. Students shared 412 documents in this course. Generally, for the purpose of cost sheet preparation, costs are classified on the basis of: (a) Functions (b) Variability (c) Relevance (d) Nature 2. 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