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Department Costs, Common Costs and Revenues Multiple Choice Questions 1 PDF Download

Learn department costs, common costs and revenues multiple choice questions (MCQs), cost accounting test 1 for online learning, course exam prep. Practice common costs MCQs, department costs, common costs and revenues questions and answers on common costs, revenue allocation methods, revenue allocation and bundled products test for online account manager courses distance learning.

Free online department costs, common costs and revenues quiz, self-study student guide has multiple choice question: method which ranks cost object incurred by individual users, in ranking order of more responsible users is classified as with options variable cost allocation method, bundled products allocation method, stand-alone cost allocation method and incremental cost allocation method for online business manager interview questions and answers with BBA, MBA competitive exam tests. Study to learn online common costs quiz questions with financial accounting MCQs for finance certification competitive exam prep. Common Costs Video

MCQ on Department Costs, Common Costs and Revenues Test 1 Quiz PDF 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: First ranked product, in incremental revenue allocation method, is classified as

  1. primary product
  2. First incremental product
  3. Second incremental product
  4. Third incremental product

A

MCQ: Products, divisions and customers are examples of

  1. revenue increment
  2. reciprocal revenue
  3. revenue allocation
  4. revenue object

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