Free online practice test
Costing Sectional Test 1
SEBI Grade A · Securities and Exchange Board of India: Officer Grade A (Assistant Manager), General Stream
Syllabus-checked original practice
Mapped to the official Phase II: Paper 2 (General Stream) syllabus and answer-checked on 27 August 2026.
View official syllabus sourceBefore you begin
- 1This sectional test contains 14 original Costing questions.
- 2Each wrong answer deducts marks using the scoring rule shown above. Unattempted questions score zero.
- 3You can mark a question for review and come back to it later using the question palette.
- 4The timer starts as soon as you click "Start test" and the test auto-submits when time runs out.
- 5You can review your answers and explanations for every question immediately after submitting.
About this SEBI Grade A Costing sectional test
This sectional test isolates Costing from the SEBI Grade A Phase II: Paper 2 (General Stream) pattern, so you can drill it on its own instead of only meeting it inside the full mock. It draws 14 original practice questions across 14 distinct topics, syllabus-checked the same as our full mocks.
Topics covered
Activity-Based Costing
1 question
Budgetary Control
1 question
Equivalent Units of Production
1 question
Job Costing vs Process Costing
1 question
Key Factor Analysis
1 question
Labour Cost Variance
1 question
Labour Efficiency Variance
1 question
Make or Buy Decisions
1 question
Material Cost Variance
1 question
Process Costing (Abnormal Loss)
1 question
Process Costing (Normal Loss)
1 question
Sales Variance
1 question
Variance Analysis
1 question
Zero-Based Budgeting
1 question
Scoring and result analysis
Correct answers earn 1 mark and wrong answers deduct 0.25 marks. Unattempted questions score zero. This section's 14 questions are difficulty-tagged: 14 hard. After submitting, you receive topic-wise accuracy, time spent, answer explanations, and source links.
Frequently asked questions
Is this an official SEBI Grade A question paper?
No. It's an independent practice test with original Costing questions, mapped to the official SEBI Grade A Phase II: Paper 2 (General Stream) syllabus and answer-checked on 27 August 2026.
How many questions are in this Costing sectional test, and how long is it?
14 questions in 13 minutes.
Which topics does this test focus on?
It spans 14 topics, with the heaviest coverage on Activity-Based Costing, Budgetary Control, and Equivalent Units of Production.
Is there negative marking in this test?
Yes. Each wrong answer deducts 0.25 marks, and each correct answer earns 1 mark. Unattempted questions score zero.