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Basics of Accounting Multiple Choice Questions and Answers PDF Download

Basics of accounting Multiple Choice Questions and Answers (MCQs), basics of accounting quiz answers pdf 1, cost accounting tests to study online certificate courses. Learn direct costs and indirect costs MCQs, "basics of accounting" quiz questions and answers for admission and merit scholarships test. Learn direct costs and indirect costs, what is cost in accounting career test for online business administration and management degree.

"The cost, which is related to specific cost object and economically traceable, will be classified as" Multiple Choice Questions (MCQs) on basics of accounting with choices indirect cost, direct cost, line cost, and staff cost for online BBA business administration. Practice jobs' assessment test, online learning direct costs and indirect costs quiz questions for online schools for business management degrees. Direct Costs and Indirect Costs Video

MCQs on Basics of Accounting Quiz 1 PDF Download

MCQ: The 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: The material or anything for which cost is to be measured is known as

  1. measurement object
  2. cost object
  3. accounting object
  4. budget object

B

MCQ: The cost which is changed in proportion to level the total volume is

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

B

MCQ: The costs are classified as fixed or variable on the basis of

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

D

MCQ: The process of tracing the direct costs and allocation of indirect costs is known as

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

A