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Cost Accounting MCQs

Cost Accounting MCQ Questions - Topic

Common Costs MCQ with Answers PDF

Common Costs Multiple Choice Questions (MCQ), Common Costs quiz answers PDF with cost accounting career tests for online courses. Practice department costs, common costs and revenues Multiple Choice Questions and Answers (MCQs), Common Costs quiz questions for online schools for business administration. Common Costs Interview Questions PDF: common costs, revenue allocation and bundled products, revenue allocation methods test prep for accredited online business management degree.

"The method which ranks cost object incurred by individual users, in ranking order of more responsible users is classified as" MCQ PDF on common costs with choices bundled products allocation method, variable cost allocation method, stand-alone cost allocation method, and incremental cost allocation method for online schools for business administration. Practice common costs quiz questions for merit scholarship test and certificate programs for online business and administration degree.

MCQs on Common Costs Quiz

MCQ: The method which ranks cost object incurred by individual users, in ranking order of more responsible users is classified as

bundled products allocation method
variable cost allocation method
stand-alone cost allocation method
incremental cost allocation method

MCQ: In incremental cost allocation method, the cost object user who is ranked third in ranking order is classified as

First incremental user
primary user
secondary user
second incremental user

MCQ: The cost of operating activity, facility or any cost object which usually shares by two or more than two users is classified as

bundled cost
common cost
stand-alone cost
incremental cost

MCQ: The cost object user, who is ranked first in incremental cost allocation method is known as

First incremental user
primary user
secondary user
second incremental user

MCQ: According to incremental method, the party which receives the highest ranking in allocation of common cost is classified as

Third incremental party
second incremental party
primary party
First incremental party