Building Block Concepts of Costing Systems MCQs Questions and Answers PDF Book Download

Building block concepts of costing systems multiple choice questions (MCQs), building block concepts of costing systems quiz answers to learn accounting courses online. Job costing MCQs, building block concepts of costing systems quiz questions and answers for business administration degree online. Learn building block concepts of costing systems test prep for CPA certification.

Learn job costing test MCQs: term which describes assigning of indirect cost, to any cost object is classified as, with choices cost allocation, sales tracing, sales allocation, and cost tracing for business administration degree online. Practice assessment test for scholarships, online learning building block concepts of costing systems quiz questions for competitive assessment in business majors for financial business analyst certification. Building Block Concepts of Costing Systems Video

MCQ on Building Block Concepts of Costing SystemsQuiz Book 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