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Indirect Costs Allocation Quiz Questions and Answers 209 PDF Download

Learn indirect costs allocation quiz questions, online MBA cost accounting test 209 for distance learning MBA programs, online accounting courses. Colleges and universities courses' MCQs on job costing quiz, indirect costs allocation multiple choice questions and answers to learn accounting quiz with answers. Practice indirect costs allocation MCQs, GMAT test assessment on budgeting and responsibility accounting, static budget variance, regression line, common costs, indirect costs allocation practice test for online history of accounting courses distance learning.

Study indirect costs allocation online courses with multiple choice question (MCQs): if an allocated indirect cost is $1500 and actual incurred indirect cost is $1200, then this is classified as, for BBA degree and executive MBA degree in accounting questions with choices applied indirect cost, applied direct cost, incurred indirect cost, over allocated indirect cost for online competitive test preparation for job hiring, graduate jobs and research jobs preparation. Learn job costing quizzes with problem-solving skills assessment test to prepare entrance exam for admission in MBA specializations. Indirect Costs Allocation Video

Quiz on Indirect Costs Allocation Worksheet 209Quiz PDF Download

Indirect Costs Allocation Quiz

MCQ: If an allocated indirect cost is $1500 and actual incurred indirect cost is $1200, then this is classified as

  1. applied indirect cost
  2. applied direct cost
  3. incurred indirect cost
  4. over allocated indirect cost


Common Costs Quiz

MCQ: Method which determines weights of cost allocation by considering cost of each user, as separate entity is known as

  1. bundled products allocation method
  2. variable cost allocation method
  3. stand-alone cost allocation method
  4. incremental cost allocation method


Regression Line Quiz

MCQ: If an unexplained variation is 350050 and total variation is 700505, then coefficient of determination would be

  1. 3
  2. 0.5003
  3. 0.7003
  4. 2


Static Budget Variance Quiz

MCQ: If an actual result in static budget is $2500 and corresponding budgeted amount is $2200, then static budget variance will be

  1. $3,000
  2. $300
  3. $4,700
  4. $4,500


Budgeting & Responsibility Accounting Quiz

MCQ: System which measures budget, action and plan of each responsibility center is known as

  1. budgeted accounting
  2. action accounting
  3. planned accounting
  4. responsibility accounting