BBA: Finance Courses

MBA Cost Accounting Certification Exam Tests

MBA Cost Accounting Practice Test 121

Management Financial and Cost Accounting Quiz Questions and Answers PDF - 121

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Management Financial & Cost Accounting Questions and Answers PDF Download: Quiz 121

MCQ 601: The type of accounting, which reports financial and non-financial data about the cost of material and acquiring of resources is classified as

A) material accounting
B) cost accounting
C) supplies accounting
D) business accounting

MCQ 602: If the difference in costs is $7000 and the difference in machine hours of is $18000, then slope coefficient would be

A) 2.571
B) 0.39
C) 0.2571
D) 3.39

MCQ 603: In accounting, the resources sacrifice for achieving or fulfill specific objective is known as

A) source cost
B) sacrifice cost
C) treated cost
D) cost

MCQ 604: If the budgeted cost in indirect cost pool is $144500 and total quantity of cost allocation base is $165500, then the budgeted indirect cost rate will be

A) 67.30%
B) 87.31%
C) 55.50%
D) 45.50%

MCQ 605: In a joint process of production, the two or more products that yield high volume of sales as compared to total sales of other products are classified as

A) split off product
B) joint product
C) sunk product
D) main product

MBA Cost Accounting Exam Prep Tests

Management Financial & Cost Accounting Learning App & Free Study Apps

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Management Financial & Cost Accounting App (Android & iOS)

Management Financial & Cost Accounting App (Android & iOS)

Cost Accounting App (Android & iOS)

Cost Accounting App (Android & iOS)

Marketing Management App (Android & iOS)

Marketing Management App (Android & iOS)

Financial Management App (Android & iOS)

Financial Management App (Android & iOS)