Period Costs MCQs Quiz Online PDF Download

Learn period costs MCQs, cost accounting test for online learning courses, test prep to practice test. Accounting concepts quiz has multiple choice questions (MCQ), period costs quiz questions and answers, conversion costs, prime costs, manufacturing costs, period costs tutorials for online accounting methods courses distance learning.

Cost accounting practice test MCQ: period cost, which consists income statement of manufacturing companies belong to with choices inventory costs, product costs, non-manufacturing costs and manufacturing costs with online questions to ask in an interview for employment assessment of business management jobs' seekers. Free study guide is for online learning period costs quiz with MCQs to practice test questions with answers. Period Costs Video

MCQs on Period Costs Quiz PDF 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