Financial and Cost Accounting Quiz

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Questions and Answers

What is the main role of the Institute of Cost Accountants of India?

  • Organizing professional development programmes for the members
  • Undertaking research programmes in the field of Cost and Management Accountancy
  • Regulating the profession of Cost and Management Accountancy (correct)
  • Providing coaching facilities to the students

Which year was the Institute of Cost Accountants of India established?

  • 1989
  • 1969
  • 1959 (correct)
  • 1979

What is the vision of the Institute of Cost Accountants of India?

  • Cost competitiveness and cost management
  • Efficient use of resources
  • Structured approach to cost accounting
  • All of the above (correct)

What specialized knowledge do the professionals of the Institute of Cost Accountants of India possess?

<p>All of the above (D)</p> Signup and view all the answers

What type of body is the Institute of Cost Accountants of India?

<p>Statutory body (B)</p> Signup and view all the answers

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