Net Realizable Value Method MCQs Questions and Answers PDF Book Download

Net realizable value method MCQs, net realizable value method quiz answers to learn accounting courses online. Cost allocation: joint products and byproducts multiple choice questions (MCQs), net realizable value method quiz questions and answers for accelerated business degree online. Joint cost basics, constant gross margin percentage nrv method, net realizable value method test prep for business analyst certification.

Learn cost allocation: joint products and byproducts test MCQs: difference between final sales value and separable costs is equal to, with choices net income, net realizable value, gross margin, and gross realizable value for accelerated business degree online. Practice assessment test for scholarships, online learning net realizable value method quiz questions for competitive assessment in business majors for CPA certification. Net Realizable Value Method Video

MCQ on Net Realizable Value MethodQuiz Book Download

MCQ: Difference between final sales value and separable costs is equal to

  1. net income
  2. net realizable value
  3. Gross margin
  4. Gross realizable value

B

MCQ: If final sales are $50000 and separable costs are $35000, then net realizable value will be

  1. $15,000
  2. $85,000
  3. $35,000
  4. $50,000

A

MCQ: If value of final sales is $48000 and net realizable value is $35000, then value of sales costs would be

  1. $35,000
  2. $13,000
  3. $83,000
  4. $48,000

B

MCQ: Joint cost allocation method for joint products, which is based on achievable value is known as

  1. joint products value at split off method
  2. main product cost at split off method
  3. Gross realizable value method
  4. net realizable value method

D

MCQ: Final sales is subtracted from net realizable value is used to calculate

  1. separable costs
  2. inseparable costs
  3. joint costs
  4. floating costs

A