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Cost Allocation and Costing Systems Questions and Answers PDF Download eBook

Cost Allocation and Costing Systems trivia questions and answers, cost allocation and costing systems quiz answers PDF 159 to practice accounting exam questions for online classes. Practice Cost Allocation, Customer Profitability and Sales Variance Analysis trivia questions and answers, cost allocation and costing systems Multiple Choice Questions (MCQ) for online accounting degree. Free cost allocation and costing systems MCQs, allocating costs: operating departments, budgeting and responsibility accounting, price and efficiency variance, concept of relevance, cost allocation and costing systems test prep for online business and administration degree.

"In corporate costs, the cost incurred to finance construction of new equipment are classified as", cost allocation and costing systems Multiple Choice Questions (MCQ) with choices discretionary costs, treasury costs, human resource management costs, and corporate administration costs to study online MBA accounting courses. Learn cost allocation, customer profitability and sales variance analysis questions and answers to improve problem solving skills for online bachelor's degree in business administration. Cost Allocation & Costing Systems Video

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Cost Allocation and Costing Systems Quiz

MCQ: In corporate costs, the cost incurred to finance construction of new equipment are classified as

  1. treasury costs
  2. discretionary costs
  3. human resource management costs
  4. corporate administration costs

A

Concept of Relevance Quiz

MCQ: In relevance concepts, the relevant revenues are also termed as

  1. parallel revenues
  2. abnormal revenues
  3. expected future revenues
  4. serial revenues

C

Price and Efficiency Variance Quiz

MCQ: If the input used in manufacturing is smaller in quantity and output produced is greater in quantity, this will be categorized under

  1. lesser effective
  2. greater efficiency
  3. smaller efficiency
  4. greater effective

B

Budgeting and Responsibility Accounting Quiz

MCQ: The variance, if used to alert managers before time of the problem is called

  1. varied warning
  2. times warning
  3. managers warning
  4. early warning

D

Allocating Costs: Operating Departments Quiz

MCQ: The department which directly adds value to product or service is known as

  1. production department
  2. operating department
  3. allocation base department
  4. both a and b

D