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Budget Indirect Costs and End of Financial Year Multiple Choice Questions (MCQ) PDF Download

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The MCQ: An approach which yields benefits of normal costing and actual manufacturing overhead is classified as; "Budget Indirect Costs and End of Financial Year" App Download (Free) with answers: Unadjusted allocation rate approach; Adjusted budget rate approach; Unadjusted budget rate approach; Adjusted allocation rate approach; for online accounting degree courses. Practice Budget Indirect Costs and End of Financial Year Quiz Questions, download Apple eBook (Free Sample) for business admin degree online.

Budget Indirect Costs and End of Financial Year MCQs: Questions and Answers PDF Download

MCQ 1:

In normal costing, the situation in which the allocated amount of indirect cost is greater than the incurred cost, is considered as

  1. incurred indirect cost
  2. over allocated indirect cost
  3. applied indirect cost
  4. applied direct cost
MCQ 2:

An approach which yields the benefits of normal costing and the actual manufacturing overhead is classified as

  1. unadjusted allocation rate approach
  2. adjusted budget rate approach
  3. unadjusted budget rate approach
  4. adjusted allocation rate approach
MCQ 3:

The costing and allocating situation, in which the indirect cost allocated amount is less than actually incurred amount is known as

  1. over allocated budget
  2. under allocated budget
  3. under allocated indirect cost
  4. over allocated direct cost
MCQ 4:

An allocation approach, in which all the overhead entries are restated using actual cost rates in place of budgeted rates is called

  1. unadjusted budget rate approach
  2. adjusted allocation rate approach
  3. unadjusted allocation rate approach
  4. adjusted budget rate approach
MCQ 5:

In a normal accounting period, the allocated amount of indirect cost is $2000 and the actual amount is $2200, it classified as

  1. over allocated budget
  2. under allocated budget
  3. under allocated indirect cost
  4. over allocated direct cost

MBA Cost Accounting Practice Tests

Budget Indirect Costs and End of Financial Year Learning App: Free Download Android & iOS

The App: Budget Indirect Costs and End of Financial Year MCQs App to study Budget Indirect Costs and End of Financial Year textbook, Cost Accounting MCQ App, and BBA Economics MCQ App. The "Budget Indirect Costs and End of Financial Year" App to free download iOS & Android Apps includes complete analytics with interactive assessments. Download App Store & Play Store learning Apps & enjoy 100% functionality with subscriptions!

Budget Indirect Costs and End of Financial Year App (Android & iOS)

Budget Indirect Costs and End of Financial Year App (Android & iOS)

Cost Accounting App (Android & iOS)

Cost Accounting App (iOS & Android)

BBA Economics App (Android & iOS)

BBA Economics App (Android & iOS)

Business Statistics App (Android & iOS)

Business Statistics App (iOS & Android)