Allocating Costs: Multiple Support Departments MCQs Test Online pdf Download

Practice MCQs on allocating costs: multiple support departments with accounting tests for online test prep and learning. Free study guide has multiple choice questions (MCQ) with allocating costs: multiple support departments quiz as costs which consist of interdepartmental cost allocations plus cost of support department are classified as, answering options complete reciprocal costs, artificial costs, operating costs and flexible operating costs for exam prep. Study to learn allocating costs: multiple support departments quiz online with MCQs to practice test questions with answers.

MCQs on Allocating Costs: Multiple Support Departments

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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