Bachelor Of Business Administration

Cost Accounting MCQs

BBA: Cost Accounting MCQs - Subtopic

Cost Accounts MCQ with Answers

Cost Accounts Multiple Choice Questions (MCQ) to solve cost accounts quiz answers PDF worksheet, cost accounting test for online courses. Practice inventory management, just in time and costing methods Multiple Choice Questions and Answers (MCQs), "Cost Accounts" quiz questions and answers for BS degree in business administration. Learn retail organizations: inventory management, cost accounts test prep for online college classes.

"If an average inventory is 2000 units, annual relevant carrying cost of each unit is $5, then the annual relevant carrying cost will be" Multiple Choice Questions (MCQ) on cost accounts with choices $5,000, $4,500, $5,500, and $6,000 for BS degree in business administration. Solve cost accounts quiz questions for merit scholarship test and certificate programs for online degrees.

MCQs on Cost Accounts

1.

If an average inventory is 2000 units, annual relevant carrying cost of each unit is $5, then the annual relevant carrying cost will be

$5,000
$4,500
$5,500
$6,000

2.

The costs associated with storage of finished goods such as spoilage, obsolescence and insurance of goods are classified as

carrying costs
purchasing costs
stock-out costs
ordering costs

3.

The costs of goods acquired from suppliers are classified as

stock-out costs
ordering costs
carrying costs
purchasing costs

4.

The costs of issuing purchase orders, making of delivery records for tracking payments and costs of inspection of items are classified as

stock-out costs
ordering costs
carrying costs
purchasing costs

5.

The relevant ordering costs are added into relevant carrying costs to calculate

relevant total costs
contribution costs
throughput costs
optimized costs