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Building Block Concepts of Costing Systems Quiz Questions and Answers PDF Download eBook

Building Block Concepts of Costing Systems quiz questions and answers, building block concepts of costing systems MCQs with answers PDF 37 to practice accounting mock tests for online graduate programs. Practice Job Costing quiz questions with answers, building block concepts of costing systems Multiple Choice Questions (MCQ) for online accounting degree. Free building block concepts of costing systems MCQs, economic value added, accounting: operating income, cost variance analysis and activity based costing, estimating cost function using quantitative analysis, building block concepts of costing systems test prep to learn online certificate courses.

"The process of assigning the direct or indirect cost to any cost object is known as", building block concepts of costing systems Multiple Choice Questions (MCQ) with choices cost expectation, cost assignment, event assignment, and probability assignment for online accounting masters programs. Learn job costing questions and answers to improve problem solving skills for online business degree. Building Block Concepts of Costing Systems Video

Quiz on Building Block Concepts of Costing Systems PDF Download eBook

Building Block Concepts of Costing Systems Quiz

MCQ: The process of assigning the direct or indirect cost to any cost object is known as

  1. cost assignment
  2. cost expectation
  3. event assignment
  4. probability assignment

A

Estimating Cost Function using Quantitative Analysis Quiz

MCQ: The weak relationship between cost and cost driver is indicated on a regression line, which is

  1. curved
  2. slightly sloped
  3. completely sloped
  4. dotted

B

Cost Variance Analysis and Activity Based Costing Quiz

MCQ: An unfavorable volume-production variance is used to measure the amount of

  1. fixed setup cost
  2. total setup cost
  3. variable setup cost
  4. total overhead cost

A

Accounting: Operating Income Quiz

MCQ: The fixed cost is added to target operating income and then divided to contribute margin per unit to calculate

  1. quantity of units required to sold
  2. selling of units
  3. sold units
  4. contributed units

A

Economic Value Added Quiz

MCQ: If the current assets are $250000 and the current liabilities are $135500, then the working capital would be

  1. $3,855,500
  2. $314,500
  3. $214,500
  4. $114,500

D