Learn Accounting Quiz, Notes & Technology Articles

Indirect Costs Allocation Quiz Questions and Answers 209 PDF Download

Learn indirect costs allocation quiz, online cost accounting test 209 for online courses, distance learning. Free accounting MCQs questions and answers to learn indirect costs allocation MCQs with answers. Practice MCQs to test knowledge on indirect costs allocation, common costs, regression line, static budget variance, budgeting and responsibility accounting for BBA interview questions.

Free indirect costs allocation course worksheet has multiple choice quiz question as if an allocated indirect cost is $1500 and actual incurred indirect cost is $1200, then this is classified as with options applied indirect cost, applied direct cost, incurred indirect cost and over allocated indirect cost with problems solving answer key to test study skills for online e-learning, viva help and jobs' interview preparation tips, study job costing multiple choice questions based quiz question and answers. Indirect Costs Allocation Video

Quiz on Indirect Costs Allocation Quiz PDF Download Worksheet 209

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

D

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

C

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

B

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

B

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

D