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2212. What charts (1) the cost to your organization of the unavailability of information and technology and (2) the cost to your organization of recovering from a disaster over time?

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Disaster recovery plan
Hot site
Cold site
Disaster recovery cost curve
✅ The correct answer is D.
Disaster recovery cost curve charts the cost to your organization of the unavailability of information and technology and the cost to your organization of recovering from a disaster over time.

2214. In cost accounting, conference, quantitative analysis and account analysis methods are considered as

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cost estimation methods
price estimation methods
unit estimation method
variable estimation method
✅ The correct answer is A.
In cost accounting, conference, quantitative analysis and account analysis methods are considered as cost estimation methods. Cost estimation methods provide a way for companies to anticipate the costs involved in business operations and new undertakings.

2196. A company makes a single product and incurs fixed costs of Rs 30,000 per annum. Variable cost per unit is Rs 5 and each unit sells for Rs 15. Annual sales demand is 7,000 units. The breakeven point is:

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2,000 units
3,000 units
4,000 units
6,000 units
✅ The correct answer is B.
Break-Even Point (Units) = Fixed Costs ÷ (Revenue per Unit – Variable Cost per Unit)
= 30000 ÷ (15 – 5)
= 3000 units.

2197. An inventory, which consists of partially worked goods or work in progress is called

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direct materials inventory
work in process inventory
finished goods inventory
indirect material inventory
✅ The correct answer is B.
An inventory, which consists of partially worked goods or work in progress is called work in process inventory. Work-in-process is an asset, and so is aggregated into the inventory line item on the balance sheet (usually being the smallest of the three main inventory accounts, of which the others are raw materials and finished goods).