Operation Costing MCQs Quiz Online PDF Download

Learn operation costing MCQs, online MBA cost accounting test for distance education, online accounting courses prep. Practice process costing multiple choice questions (MCQs), operation costing quiz questions and answers. GMAT test prep on weighted average method, process costing system, operation costing tutorials for online bachelor of business admin courses distance learning.

Study bachelors and masters in accounting degree MCQs: in process costing method, when work done in current accounting period, and beginning inventory before current accounting period, is classified as, for online courses with choices partial inventory costing method, current period inventory method, last-in, first-out method, first-in, first-out method for online teaching resources with trivia questions to help in teaching strategies. Free skills assessment test is for online learn operation costing quiz questions with MCQs, exam preparation questions and answers for business analyst certifications and competitive exam preparation. Operation Costing Video

MCQs on Operation CostingQuiz 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