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Building Block Concepts of Costing Systems Quizzes Online MCQs PDF Download eBook

Building Block Concepts of Costing Systems quiz questions, building block concepts of costing systems multiple choice questions and answers PDF 203 to learn accounting course for online certification. Practice Job Costing quiz with answers, building block concepts of costing systems Multiple Choice Questions (MCQ) for online accounting degree. Free building block concepts of costing systems MCQs, what is cost in accounting, effects of sales mix on income, inventory types, inventoriable cost and period cost, cvp analysis, building block concepts of costing systems test prep for accredited online schools for business management.

"The situation in which the cost object has any job, customer or product is known as", building block concepts of costing systems Multiple Choice Questions (MCQ) with choices sale application base, cost application base, price application base, and direct application base for online bachelors degree. Learn job costing questions and answers to improve problem solving skills for bachelor's degree in business. Building Block Concepts of Costing Systems Video

Building Block Concepts of Costing Systems Questions and Answers PDF Download eBook

Building Block Concepts of Costing Systems Quiz

MCQ: The situation in which the cost object has any job, customer or product is known as

  1. cost application base
  2. sale application base
  3. price application base
  4. direct application base

A

CVP Analysis Quiz

MCQ: In a relevant range, the variable cost per unit, selling price and total fixed costs are

  1. unknown and variable
  2. known and variable
  3. unknown and constant
  4. known and constant

D

Inventory Types, Inventoriable Cost and Period Cost Quiz

MCQ: For the companies in service sector, the cost which is not considerable is

  1. Inventoriable costs
  2. finished costs
  3. factory overhead costs
  4. manufacturing overhead costs

A

Effects of Sales Mix on Income Quiz

MCQ: If the total units of product A, B and C are as 200,300 and 400 respectively then the sales mix would be

  1. 100 units
  2. 900 units
  3. 400 units
  4. 500 units

B

What is Cost in Accounting Quiz

MCQ: In accounting, the cost incurred in past or in historical financial statements is classified as

  1. actual cost
  2. budgeted cost
  3. past cost
  4. incurred cost

A