Joint Cost Basics MCQs Quiz Online PDF Download

Learn joint cost basics MCQs, cost accounting test for online courses learning and test prep to practice. Cost allocation joint products and byproducts quiz has multiple choice questions (MCQ), joint cost basics quiz questions and answers to learn for graduate test for MBA.

Cost accounting practice test MCQ on in a joint process of production, product which yields low volume of sales as compared to total sales of other products, specify as with options second incremental product, first incremental product, step down product and byproduct problem solving skills for viva, competitive exam prep, interview questions with answer key. Free study guide is for online learning joint cost basics quiz with MCQs to practice test questions with answers. Joint Cost Basics Video

MCQs on Joint Cost Basics Quiz PDF Download

MCQ. In a joint process of production, product which yields low volume of sales as compared to total sales of other products, specify as

  1. Second incremental product
  2. First incremental product
  3. step down product
  4. byproduct

D

MCQ. Manufacturing, distribution and marketing costs incur after split off point is classified under

  1. separable costs
  2. joint costs
  3. main costs
  4. split off costs

A

MCQ. In a joint process of production, a product which yields high volume of sales as compared to total sales volume of other products is known as

  1. incremental product
  2. sunk product
  3. main product
  4. split off product

C

MCQ. In a joint process of production, two or more products that yield high volume of sales as compared to total sales of other products are classified as

  1. split off product
  2. joint product
  3. sunk product
  4. main product

B

MCQ. Any output that has total positive sales is a

  1. joint product
  2. main product
  3. product
  4. all of above

D