Foundation Fundamentals of Financial and Cost Accounting Quiz

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What year was The Institute of Cost Accountants of India set up under an Act of Parliament?

1965

1980

1972

1959 (correct)

What is the primary obligation of The Institute of Cost Accountants of India?

Enrols students for legal courses

Provides coaching facilities to medical students

Conducts research in the field of Astrophysics

Regulates the profession of Cost and Management Accountancy (correct)

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

Conducting psychological counseling

Performing heart surgeries

Developing software applications

Evaluating operating efficiency and strategic management (correct)

What vision does The Institute of Cost Accountants of India pursue?

Cost competitiveness, cost management, efficient use of resources and structured approach to cost accounting Signup and view all the answers

When was The Institute of Cost Accountants of India established?

1959 Signup and view all the answers

What is the current emphasis in the profession associated with The Institute of Cost Accountants of India?

Management of resources Signup and view all the answers

What is the primary obligation of The Institute of Cost Accountants of India?

Regulating the profession of Cost and Management Accountancy Signup and view all the answers

What is the vision pursued by The Institute of Cost Accountants of India?

Cost competitiveness, cost management, efficient use of resources, and structured approach to cost accounting Signup and view all the answers

What do the professionals regulated by The Institute of Cost Accountants of India specialize in?

Cost and Management Accountancy Signup and view all the answers

What does The Institute of Cost Accountants of India emphasize in the current context?

Management of resources, evaluating operating efficiency, and strategic management Signup and view all the answers

Foundation Fundamentals of Financial and Cost Accounting Quiz

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Questions and Answers

What year was The Institute of Cost Accountants of India set up under an Act of Parliament?

What is the primary obligation of The Institute of Cost Accountants of India?

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

What vision does The Institute of Cost Accountants of India pursue?

When was The Institute of Cost Accountants of India established?

What is the current emphasis in the profession associated with The Institute of Cost Accountants of India?

What is the primary obligation of The Institute of Cost Accountants of India?

What is the vision pursued by The Institute of Cost Accountants of India?

What do the professionals regulated by The Institute of Cost Accountants of India specialize in?

What does The Institute of Cost Accountants of India emphasize in the current context?

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