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Allocating Costs: Multiple Support Departments MCQs Quiz Online Tests pdf Download

Practice MCQs on allocating costs: multiple support departments, accounting MCQs for online test prep. Department costs, common costs and revenues quiz has multiple choice questions (MCQ), allocating costs: multiple support departments quiz questions and answers as costs which consist of interdepartmental cost allocations plus cost of support department are classified as, answer key with choices as complete reciprocal costs, artificial costs, operating costs and flexible operating costs for competitive exam prep. Free study guide is to learn allocating costs: multiple support departments quiz online with MCQs to practice test questions with answers.

MCQs on Allocating Costs: Multiple Support Departments Quiz pdf Download

MCQ. Costs which consist of interdepartmental cost allocations plus cost of support department are classified as

  1. complete reciprocal costs
  2. artificial costs
  3. operating costs
  4. flexible operating costs

A

MCQ. Method which allocates cost of support department for operating departments by recognizing all mutual services provided is classified as

  1. indirect method
  2. direct method
  3. step down method
  4. reciprocal method

D

MCQ. Method which allocates cost of support department to operating and support departments is classified as

  1. indirect method
  2. direct method
  3. step down method
  4. reciprocal method

C

MCQ. Methods are used to allocate costs of reciprocal support departments include

  1. direct method
  2. step down
  3. reciprocal method
  4. all of above

D

MCQ. Method which allocates cost of support department to only operating departments is classified as

  1. indirect method
  2. direct method
  3. step down method
  4. reciprocal method

B


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