Common Costs MCQs Questions and Answers PDF Book Download

Common costs MCQs, common costs quiz answers to learn accounting courses online. Department costs, common costs and revenues multiple choice questions (MCQs), common costs quiz questions and answers for online MSF degree. Allocating costs: multiple support departments, revenue allocation methods, allocating costs: operating departments, common costs test prep for CPA certification.

Learn department costs, common costs and revenues test MCQs: method which ranks cost object incurred by individual users, in ranking order of more responsible users is classified as, with choices bundled products allocation method, variable cost allocation method, stand-alone cost allocation method, and incremental cost allocation method for online MSF degree. Practice assessment test for scholarships, online learning common costs quiz questions for competitive assessment in business majors for accounting certifications. Common Costs Video

MCQ on Common CostsQuiz Book Download

MCQ: Method which ranks cost object incurred by individual users, in ranking order of more responsible users is classified as

  1. bundled products allocation method
  2. variable cost allocation method
  3. stand-alone cost allocation method
  4. incremental cost allocation method

D

MCQ: In incremental cost allocation method, cost object user who is ranked third in ranking order is classified as

  1. First incremental user
  2. primary user
  3. secondary user
  4. second incremental user

D

MCQ: Cost of operating activity, facility or any cost object which usually shares by two or more than two users is classified as

  1. bundled cost
  2. common cost
  3. stand-alone cost
  4. incremental cost

B

MCQ: cost object user, who is ranked first in incremental cost allocation method is known as

  1. First incremental user
  2. primary user
  3. secondary user
  4. second incremental user

B

MCQ: According to incremental method, party which receives highest ranking in allocation of common cost is classified as

  1. Third incremental party
  2. second incremental party
  3. primary party
  4. First incremental party

C