Cost Accounting Assessment Test

Topics covered

Job costing, cost behaviour, direct and indirect costs, cost of goods manufactured, cost of goods sold etc., process costing, cost systems, Break-Even Analysis, CVP analysis, Contribution margin, Cost Allocation, Activity Based Costing, Pricing Decisions, Job Orders

  • MAQ (Multiple Answer Question)
  • MCQ (Multiple Choice Question)
  • Descriptive Question
  • White Board Simulator
  • Coding Simulator
  • Audio Question
  • Video Question
  • Case Study Question

Cost Accounting is basically a process in which proper collection, analysis and evaluation is done for various course of actions based on cost of efficiency and capability. It gives detailed information of cost which will further be utilized for future needs and also for current operations.

The Cost Accounting test has been designed to assess the candidate in the area of cost accounting, auditing, general ledger accounting, accounting system, cost analysis, cost estimation, etc. This test consists of meaningful questions on Job costing, cost behaviour, direct and indirect costs, cost of goods manufactured, cost of goods sold etc., process costing, cost systems, Break-Even Analysis, CVP analysis, Contribution margin, Cost Allocation, Activity Based Costing, Pricing Decisions, Job Orders and many more.

Using powerful reporting, you will have detailed analysis of test results to help you make better decisions and predict candidate and employee success.

This pre-employment test is useful for hiring:
  • Cost Accountant 
  • Cost Accountant Manager 
  • Cost Accountant Assistant 

Test details:

The Cost Accounting Online test enables employers and recruiters to identify potential hires by evaluating working skills and job readiness. For this reason, emphasis is laid upon evaluating the knowledge of applied skills gained through real work experience, rather than theoretical knowledge. 
Questions : 30
Duration : 30 minutes

  • Cost Management : The test contains 30 questions on fundamentals of cost management to assess the candidate in Cost Accounting field.

Cost Accounting Test

Question #1 of 2

Put the following activity analysis steps in order:

I. Chart the activities used to complete the product or service
II. Continuously improve the efficiency of all value-added activities
III. Classify all activities as value-added or nonvalue-added
IV. Identify the process objectives defined by what the customer wants

    • IV, III, II, and I

    • IV, I, III, and II

    • I, IV, III, and II

    • IV, I, III, and II

Question #2 of 2

Which of the following statements regarding customer profitability is NOT correct?

    • Customers affect our profitability by their buying behavior.

    • Customers affect our profitability by their effect on our costs.

    • Information on customer profitability is important for managers, so they can make decisions that will improve firm performance.

    • Some customers take longer (sometimes much longer) to complete the transaction; the additional time those customers take adds cost to the company.

SAMPLE REPORT
Candidate Name: David Messi Test Date: 28-May-2014
Test Name: Cost Accounting Test Test Start Time: 13.30

Score: 27 Out Of 30

Percentage: 90

Result: PASS

passing score image
SECTION PERFORMANCE
Section Name FAIL PASS
Cost Accounting
Score: 27/30
STRENGTH AND WEAKNESS
Strength Cost Accounting
Weakness -
* Note: If score <= 40 then its a Weakness. If score >= 80 then its a Strength.
ONLINE PROCTORING
0%
10 20 30 40 50 60 70 80 90 100%
Tolerable Limit Not acceptable
Window Violation: 0 | Time Violation: 0 secs
CANDIDATE DETAILS
Gender : Male Phone Number : +1-541-754-3010
Total Experience (Years) : 3 Total Experience (Months) : 5
Skill Set : Cost Accounting Current Employer : Interview Mocha
Current Job Title : Solution Architect Current Salary : 600.00
Expected Salary : 1000000.00 Current Location : Chicago

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