Limited attempts of this exam are free. Pass and get a Free Test Record.

StudySection gives you an opportunity to achieve Cost Accounting Certification through the Free Online Cost Accounting Certification Exam (Foundation) and get a hard copy of the certificate. The objective of this online certification exam is to test your knowledge of terminology and factors that affect how a business operates, as well as the profits and losses it experiences.

Cost accounting is a management system for operational analysis. Its goal is to provide reporting, analysis, and recommendations for improving internal cost controls and efficiency. A corporation's goods, services, and any other activities that involve the company are often considered cost items. The method may be used to determine where a company's money is spent and earned. Bookkeeping, system creation, providing quantifiable information, and input analysis are all aspects of cost accounting. For many businesses, cost accounting aids in the creation and measurement of company strategy in a more natural way. Management can use cost accounting to plan for future capital expenditures.

The Cost Accounting Free Online Certification Exam (Foundation) from StudySection is in the format of multiple-choice questions from the basic concepts of this subject. There might be some questions that have more than one right answer, and for your answer to be considered correct, you must select all the correct options. Successfully passing this certification exam from StudySection will make you eligible to get an e-Certificate, and you can also get a certificate in a hard copy format after paying a nominal fee. A certification badge is also provided that you can display on your social media accounts like LinkedIn, Facebook, and others to reflect your expertise. The online Cost Accounting Certification (Foundation) from StudySection will make your career profile more appealing, hence increasing your chances of landing a good job.

Topics to be covered in the Cost Accounting Free Online Certification Exam are the following:

  • Cost Accounting Fundamentals
  • Elements of Cost: Material, Labour and Overheads
  • Classification of costs
  • Methods of Costing
  • Bookkeeping in Cost Accounting

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Test Time - 20 Minutes

Total Questions - 30

Passing Score - 50%

Note - This test has to be completed in a single session. A question may have multiple correct options. You have to mark all the correct options for your answer to be considered correct. You will see checkboxes instead of the radio buttons for the options in case a question has multiple correct options.
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