BBA Cost Accounting MCQs – Practice Test for Exam Prep

Activity Based Costing Systems Multiple Choice Questions with Answers – PDF Download

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Free "Activity Based Costing Systems MCQ" App Download with MCQ: In an activity based cost system an activity/unit of work or task with differentiated purposes will be classified as; with answers: different task, purpose cost, an activity, and an allocation cost for accounting academic programs. Practice Activity Based Costing Systems Quiz Questions, download Apple Book (Free Chapter) for digital commerce study.

Activity Based Costing Systems MCQs PDF Download – Prep Test

MCQ 1: In an activity based cost system; an activity/unit of work or task with differentiated purposes will be classified as:

different task
purpose cost
an activity
an allocation cost

MCQ 2: In activity based costing system, the description of activity can be classified as:

activity list
activity dictionary
active purpose
both a and b

MCQ 3: The factors that accelerate the process of refining a costing system include:

increase in product diversity
increase in indirect costs
product market competitions
all of above

MCQ 4: In the activity based costing method implementation, the indirect costs are allocated by using the:

no cost pool
One or two cost pools
sustained tracing
support tracing

MCQ 5: The costing system, in which individual activities are identified as the cost object, is considered as:

manufactured costing
activity based costing
allocation costing
base costing

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