Direct Costs and Indirect Costs MCQs Quiz Online PDF Book Download

Direct costs and indirect costs MCQs, direct costs and indirect costs quiz answers to learn online accounting courses. Learn basics of accounting multiple choice questions (MCQs), direct costs and indirect costs quiz questions and answers. Career assessment test on direct costs and indirect costs test prep for CPA certification.

Practice basics of accounting test MCQs: cost, which is related to specific cost object and economically traceable, will be classified as, with choices direct cost, indirect cost, line cost, and staff cost for online degree in accounting and finance. Prepare assessment test for scholarships, online learning direct costs and indirect costs quiz questions for competitive assessment in business majors for accounting certifications. Direct Costs and Indirect Costs Video

MCQ on Direct Costs and Indirect CostsQuiz Book Download

MCQ: Cost, which is related to specific cost object and economically traceable, will be classified as

  1. direct cost
  2. indirect cost
  3. line cost
  4. staff cost

A

MCQ: Cost which is changed in proportion to level total volume is

  1. fixed cost
  2. variable cost
  3. total cost
  4. infeasible cost

B

MCQ: Costs are classified as fixed or variable on basis of

  1. specific activity
  2. given time period
  3. common activity
  4. both a and b

D

MCQ: Process of tracing direct costs and allocation of indirect costs is known as

  1. cost assignment
  2. direct assignment
  3. indirect assignment
  4. economic assignment

A

MCQ: Cost which remains unchanged, in proportion to level total volume of production is classified as

  1. total cost
  2. infeasible cost
  3. fixed cost
  4. variable cost

C