Operation Costing MCQs Questions and Answers PDF Book Download

Operation costing multiple choice questions (MCQs), operation costing quiz answers to learn accounting online courses. Process costing MCQs, operation costing quiz questions and answers for online schools for business management degree. Learn weighted average method, process costing system, operation costing test prep for business analyst certification.

Learn process costing test MCQs: in process costing method, when work done in current accounting period, and beginning inventory before current accounting period, is classified as, with choices partial inventory costing method, current period inventory method, last-in, first-out method, and first-in, first-out method for online schools for business management degree. Practice merit scholarships assessment test, online learning operation costing quiz questions for competitive assessment in business majors for CPA certification. Operation Costing Video

MCQ on Operation CostingQuiz Book 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