Operation Costing MCQs Quiz Online PDF Download

Learn operation costing MCQs, cost accounting test for online learning courses, test prep to practice test. Process costing quiz has multiple choice questions (MCQ), operation costing quiz questions and answers, weighted average method, process costing system, operation costing tutorials for online bachelor of business admin courses distance learning.

Cost accounting practice test MCQ: in process costing method, when work done in current accounting period, and beginning inventory before current accounting period, is classified as with options partial inventory costing method, current period inventory method, last-in, first-out method and first-in, first-out method for online teaching resources with trivia questions to help in teaching strategies. Free study guide is for online learning operation costing quiz with MCQs to practice test questions with answers for business analyst certifications and competitive exam preparation. Operation Costing Video

MCQs on Operation Costing Quiz PDF Download

MCQ: In process costing method, when work done in current accounting period, and beginning inventory before current accounting period, is classified as

  1. partial inventory costing method
  2. current period inventory method
  3. Last-in, first-out method
  4. First-in, first-out method

D

MCQ: Standardized technique that is performed repetitively on different kind of materials to convert them into different finished products is known as

  1. conversion process
  2. operation
  3. hybridization
  4. both a and b

B

MCQ: Hybrid costing system, which is applied to batches of similar products, but are not identical is classified as

  1. incremental costing system
  2. split off costing system
  3. inventoriable costing system
  4. operation costing system

D