Allocating Costs Multiple Support Departments MCQs Quiz Online PDF Download

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Cost accounting practice test MCQ: costs, which consist of interdepartmental cost allocations plus cost of support department are classified as with choices complete reciprocal costs, artificial costs, operating costs and flexible operating costs with online global exams' preparation for international tests like GMAT practice test for good GMAT scores. Free study guide is for online learning allocating costs multiple support departments quiz with MCQs to practice test questions with answers. Allocating Costs: Multiple Support Departments Video

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 known as

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

C

MCQ: Methods 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 called

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

B