Building Block Concepts of Costing Systems MCQs Quiz Online PDF Download

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Study bachelors and masters in accounting degree MCQs: term which describes assigning of indirect cost, to any cost object is classified as, for online courses with choices cost allocation, sales tracing, sales allocation, cost tracing with online business courses preparation for BBA, MBA and associate business degree programs. Free skills assessment test is for online learn building block concepts of costing systems quiz questions with MCQs, exam preparation questions and answers for colleges and universities' entrance exam preparation. Building Block Concepts of Costing Systems Video

MCQs on Building Block Concepts of Costing SystemsQuiz PDF Download

MCQ: Term which describes assigning of indirect cost, to any cost object is classified as

  1. cost allocation
  2. sales tracing
  3. sales allocation
  4. cost tracing

A

MCQ: A document which contains information about materials of specific product, in specific department comes under

  1. costing method
  2. selling method
  3. material acquisition method
  4. none of above

C

MCQ: A group of individual indirect cost item is defined as

  1. direct pool
  2. cost pool
  3. indirect pool
  4. item pool

B

MCQ: Total indirect cost in pool by an actual quantity of cost allocation base, is used to calculate

  1. actual manufacturing overhead rate
  2. manufacturing overhead costs
  3. overhead rate
  4. direct rate

A

MCQ: Process of assigning direct or indirect cost to any cost object is known as

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

A