What is Cost in Accounting MCQs Quiz Online PDF Download

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Study bachelors and masters in accounting degree MCQs: material or anything for which cost is to be measured is known as, for online courses with choices measurement object, cost object, accounting object, budget object with online sample interview questions and answers, competitive tests preparation for business jobs hiring. Free skills assessment test is for online learn what is cost in accounting quiz questions with MCQs, exam preparation questions and answers to prepare entrance exam for admission in MBA specializations. What is Cost in Accounting Video

MCQs on What is Cost in AccountingQuiz PDF Download

MCQ: Material or anything for which cost is to be measured is known as

  1. measurement object
  2. cost object
  3. accounting object
  4. budget object

B

MCQ: In accounting, cost which is predicted to be incurred or future cost is known as

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

D

MCQ: In accounting, resources sacrifice for achieving or fulfill specific objective is known as

  1. source cost
  2. sacrifice cost
  3. treated cost
  4. cost

D

MCQ: In accounting, 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

MCQ: According to accounting system collection of cost data, in an organized way is classified as

  1. system accumulation
  2. accumulated data
  3. cost accumulation
  4. organized accumulation

C