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Building Block Concepts of Costing Systems MCQs Quiz Online PDF Download eBook

Solve Building Block Concepts of Costing Systems Multiple Choice Questions (MCQ), building block concepts of costing systems quiz answers PDF worksheet, cost accounting practice test for online degree programs. Learn job costing Multiple Choice Questions and Answers (MCQs), "Building Block Concepts of Costing Systems" quiz questions and answers for online colleges for business administration. Learn job costing test prep for business administration and management colleges.

"The term which describes the assigning of indirect cost, to any cost object is classified as" Multiple Choice Questions (MCQ) on building block concepts of costing systems with choices cost allocation, sales tracing, sales allocation, and cost tracing for online colleges for business administration. Practice building block concepts of costing systems quiz questions for merit scholarship test and certificate programs for online bachelor's degree in administration. Building Block Concepts of Costing Systems Video

MCQs on Building Block Concepts of Costing Systems PDF Download eBook

MCQ: The term which describes the assigning of indirect cost, to any cost object is classified as

  1. cost allocation
  2. sales tracing
  3. sales allocation
  4. cost tracing

A

MCQ: A document which contains information about the materials of specific product, in specific department comes under

  1. costing method
  2. selling method
  3. material acquisition method
  4. none of above

C

MCQ: A group of individual indirect cost item is defined as

  1. direct pool
  2. cost pool
  3. indirect pool
  4. item pool

B

MCQ: The total indirect cost in the pool by an actual quantity of cost allocation base, is used to calculate

  1. actual manufacturing overhead rate
  2. manufacturing overhead costs
  3. overhead rate
  4. direct rate

A

MCQ: The process of assigning the direct or indirect cost to any cost object is known as

  1. cost assignment
  2. cost expectation
  3. event assignment
  4. probability assignment

A