Period Costs MCQs Questions and Answers PDF Book Download

Period costs multiple choice questions (MCQs), period costs quiz answers to learn online accounting degree courses. Accounting concepts MCQs with answers, period costs quiz questions and answers for online college business degree. Learn prime costs, inventory types, inventoriable cost and period cost, period costs test prep for accounting certifications.

Learn accounting concepts test MCQs: period cost, which consists income statement of manufacturing companies belong to, with choices inventory costs, product costs, non-manufacturing costs, and manufacturing costs for online college business degree. Practice merit scholarships assessment test, online learning period costs quiz questions for competitive assessment in business majors . Period Costs Video

MCQ on Period CostsQuiz Book Download

MCQ: period cost, which consists income statement of manufacturing companies belong to

  1. inventory costs
  2. product costs
  3. non-manufacturing costs
  4. manufacturing costs

C

MCQ: Costs which are considered as expenses in accounting period are also known as

  1. inventory costs
  2. period costs
  3. timed costs
  4. labor overheads

B

MCQ: Master budget, which is based on planned output level at start of budget period is considered as

  1. static budget
  2. varied budget
  3. marketing budget
  4. methodological budget

A

MCQ: In income statement of merchandising costs, period cost includes all costs which are not related to

  1. cost of resale goods
  2. cost of manufacturing goods
  3. timed resale of goods
  4. cost of purchased goods

D