MBA Cost Accounting Online Tests
Building Block Concepts of Costing Systems MCQ (Multiple Choice Questions) PDF Download
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The MCQ: The term which describes the assigning of indirect cost, to any cost object is classified as; "Building Block Concepts of Costing Systems" App Download [Free] with answers: cost allocation, sales tracing, sales allocation, and cost tracing for online accounting degree courses. Practice Building Block Concepts of Costing Systems Quiz Questions, download Google eBook (Free Sample) for business admin degree online.
Building Block Concepts of Costing Systems Questions and Answers PDF Download
The term which describes the assigning of indirect cost, to any cost object is classified as
- cost allocation
- sales tracing
- sales allocation
- cost tracing
A document which contains information about the materials of specific product, in specific department comes under
- costing method
- selling method
- material acquisition method
- none of above
A group of individual indirect cost item is defined as
- direct pool
- cost pool
- indirect pool
- item pool
The total indirect cost in the pool by an actual quantity of cost allocation base, is used to calculate
- actual manufacturing overhead rate
- manufacturing overhead costs
- overhead rate
- direct rate
The process of assigning the direct or indirect cost to any cost object is known as
- cost assignment
- cost expectation
- event assignment
- probability assignment
MBA Cost Accounting Practice Tests
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Cost Accounting MCQs eBook Download
Business Statistics Practice Questions
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MBA Cost Accounting Practice Tests
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Business Statistics MCQ Questions
- Type of stratified proportion sampling in which information is gathered on convenience basis from different groups of population is classified as
- In Poisson probability distribution, if value of λ is integer then distribution will be
- Value of Σfx is 300, A= 35, number of observations are 15 and width of class interval is 5 then arithmetic mean is
- Parameters of population are denoted by
- Type of rating scale which allows respondents to choose most relevant option out of other stated options is classified as
Building Block Concepts of Costing Systems MCQs Book Questions
- If selling price is $5000, contribution margin per unit is $1000, then contribution margin percentage will be
- If inventory level decreases then operating income, under variable costing, will be reported
- An indirect support labor costs and costs of indirect energy are considered as
- A concept used to define learning curve in broader application is called
- Gross margin is added to cost of sold goods to calculate