Activity Based Costing Systems MCQs Test Online pdf Download

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

MCQs on Activity Based Costing Systems

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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