Activity Based Costing Systems MCQs Quiz Online PDF Download

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Cost accounting practice test MCQ: in an activity based cost system; an activity/unit of work or task with differentiated purposes will be classified as with options different task, purpose cost, an activity and an allocation cost for scholars' admission preparation in undergraduate degree programs and masters degree programs. Free study guide is for online learning activity based costing systems quiz with MCQs to practice test questions with answers with MBA GMAT prep for online GMAT exam preparation. Activity Based Costing Systems Video

MCQs on Activity Based Costing Systems Quiz PDF Download

MCQ: In an activity based cost system; an activity/unit of work or task with differentiated purposes will be 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 can be 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