Activity Based Costing Systems MCQs Quiz Online Tests pdf Download

Practice MCQs on activity based costing systems, accounting quiz for online test prep. Activity based costing and management quiz has multiple choice questions (MCQ), activity based costing systems test questions and answers as in an activity based cost system, an activity, unit of work or task with differentiated purposes is classified as, answer key with choices as different task, purpose cost, an activity and an allocation cost for competitive exam prep. Free study guide is to learn activity based costing systems quiz online with MCQs to practice test questions with answers.

MCQs on Activity Based Costing Systems pdf Quiz Download

MCQ. In an activity based cost system, an activity, unit of work or task with differentiated purposes is classified as

  1. different task
  2. purpose cost
  3. an activity
  4. an allocation cost

C

MCQ. In activity based costing system, description of activity is classified as

  1. activity list
  2. activity dictionary
  3. active purpose
  4. both a and b

D

MCQ. Factors that accelerate process of refining a costing system include

  1. increase in product diversity
  2. increase in indirect costs
  3. product market competitions
  4. All of Above

D

MCQ. In activity based costing method implementation, indirect costs are allocated by using the

  1. no cost pool
  2. one or two cost pools
  3. sustained tracing
  4. support tracing

B

MCQ. Costing system in which individual activities are identified as cost object is considered as

  1. manufactured costing
  2. activity based costing
  3. allocation costing
  4. base costing

B

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