Accounting Activity Based Costing Multiple Choice Questions and Answers PDF

MCQ 1: In an activity based costing implementation, the product's diverse demand is based on:

1. batch size
2. complexity
3. process steps
4. all of above

MCQ 2: The costs of all the activities for a group of products, rather than individual product can be classified as:

1. activity level costs
2. input level costs
3. batch level costs
4. output level costs

MCQ 3: The type of costs that cannot be traced for individual products but help in supporting an organization are classified as:

1. individual sustaining costs
2. facility sustaining costs
3. sustained tracing
4. support tracing

MCQ 4: In the activity based costing method implementation, an output unit level costs are classified as:

1. indirect costs
2. direct cost
3. labor cost
4. raw material cost

MCQ 5: The costs of undertaken activities is to support individual products and are known as:

1. expected sustaining
2. input sustaining
3. output sustaining
4. product sustaining costs