Multiple Choice Questions on Units Produced ndash Units Sold is ........ for SEBI Grade A ( Officer) Exam Preparation

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Multiple Choice Questions

Units Produced ndash Units Sold is ........

Costing - Phase (I & II) Overview of Cost and Management Accounting
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    Units Produced (–) Units Sold is:

    Units of Opening stock of finished goods

    Incorrect Answer

    Units of Closing stock of finished goods

    Correct Answer

    Units of Production only

    Incorrect Answer

    None of the above

    Incorrect Answer
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    Explanation:

    Units produced during the year less units sold out of units produced, will be units of closing stock of finished goods. Closing stock of finished goods means units produced but not sold at end of the accounting period.

    By: Vikas Goyal
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