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Accounting Concepts Quiz Questions and Answers 70 PDF Book Download

Accounting concepts quiz questions, accounting concepts MCQs answers, MBA accounting quiz 70 to learn accounting courses online. Master budget and responsibility accounting quiz questions and answers, accounting concepts multiple choice questions (MCQ) to practice accounting quiz with answers for online colleges and universities courses. Learn accounting concepts MCQs, cost allocation and costing systems, accounting principals, insourcing versus outsourcing, accounting concepts test prep for accounting certifications.

Learn accounting concepts test with multiple choice question (MCQs): higher and accurate budgeted profit forecast of managers lead to, with choices high incentive bonus, low incentive bonus, influence bonus, and revenue bonus for online bachelor's degree business administration. Learn master budget and responsibility accounting questions and answers for scholarships exams' problem-solving, assessment test for accounting certifications. Accounting Concepts Video

Quiz on Accounting Concepts Worksheet 70Quiz Book Download

Accounting Concepts Quiz

MCQ: Higher and accurate budgeted profit forecast of managers lead to

  1. high incentive bonus
  2. low incentive bonus
  3. influence bonus
  4. revenue bonus

A

Insourcing versus Outsourcing Quiz

MCQ: Forgone contribution of resources, into revenues because of not using resources, in next best use is classified as

  1. in-source cost
  2. opportunity cost
  3. offshore cost
  4. outsource cost

B

Accounting Principals Quiz

MCQ: Starting point in operating budget is

  1. cost budget
  2. material list
  3. revenue budget
  4. list of investors

C

Cost Allocation & Costing Systems Quiz

MCQ: Executive salaries, rent and other general administration cost in corporate costs are classified under

  1. human resource management costs
  2. corporate administration costs
  3. treasury costs
  4. discretionary costs

B

Direct Costs & Indirect Costs Quiz

MCQ: Costs are classified as fixed or variable on basis of

  1. specific activity
  2. given time period
  3. common activity
  4. both a and b

D