Problems

This section contains accounting problems and their solutions. Problems can be viewed as complex accounting questions. You can access this section from any page of the website by clicking on the ‘problems’ tab provided in the top horizontal menu.

Please click on a topic below to see the problems and and their solutions included in that topic:

  • Process costing system
  • Joint products and by-products
  • Variable and absorption costing
  • Cost volume and profit relationships
  • Standard costing and variance analysis
  • Capital budgeting techniques