Direct Costs and Indirect Costs MCQs Quiz Online PDF Download

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MCQs on Direct Costs and Indirect CostsQuiz PDF 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