Learn indirect costs allocation quiz online, cost accounting test 209 for online learning, distance learning courses. Free indirect costs allocation MCQs questions and answers to learn accounting quiz with answers. Practice tests for educational assessment on indirect costs allocation test with answers, budgeting and responsibility accounting, static budget variance, regression line, common costs, indirect costs allocation practice test for online history of accounting courses distance learning.

Free online indirect costs allocation course worksheet has multiple choice quiz question: if an allocated indirect cost is \$1500 and actual incurred indirect cost is \$1200, then this is classified as with choices applied indirect cost, applied direct cost, incurred indirect cost and over allocated indirect cost for online competitive test preparation for job hiring, graduate jobs and research jobs preparation, study job costing multiple choice questions based quiz question and answers. Indirect Costs Allocation Video

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