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Common Costs MCQ with Answers PDF Download eBook

Common Costs Multiple Choice Questions (MCQ) to solve common costs quiz answers PDF worksheet, cost accounting test for online courses. Practice department costs, common costs and revenues Multiple Choice Questions and Answers (MCQs), "Common Costs" quiz questions PDF for online schools for business administration. Learn 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" Multiple Choice Questions (MCQ) 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. Solve common costs quiz questions for merit scholarship test and certificate programs for online business and administration degree. Common Costs Video

MCQs on Common Costs PDF Download eBook

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

  1. bundled products allocation method
  2. variable cost allocation method
  3. stand-alone cost allocation method
  4. incremental cost allocation method

D

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

  1. First incremental user
  2. primary user
  3. secondary user
  4. second incremental user

D

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

  1. bundled cost
  2. common cost
  3. stand-alone cost
  4. incremental cost

B

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

  1. First incremental user
  2. primary user
  3. secondary user
  4. second incremental user

B

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

  1. Third incremental party
  2. second incremental party
  3. primary party
  4. First incremental party

C