Cost Allocation and Costing Systems Multiple Choice Questions with Answers – PDF Download

MCQ 1: In corporate costs, the costs incur for employee recruitment, development and training are classified as:

1. discretionary costs
2. human resource management costs
3. corporate administration costs
4. treasury costs

MCQ 2: The executive salaries, rent and other general administration cost in corporate costs are classified under:

1. human resource management costs
2. corporate administration costs
3. treasury costs
4. discretionary costs

MCQ 3: In corporate costs, the cost incurred to finance construction of new equipment are classified as:

1. treasury costs
2. discretionary costs
3. human resource management costs
4. corporate administration costs

MCQ 4: The cost of particular cost object which cannot be traced in economically plausible way is termed as:

1. indirect cost
2. partial cost
3. benchmark cost
4. direct cost

MCQ 5: Which of the following do not include among major categories of corporate costs?

1. human resource management costs
2. corporate administration costs
3. treasury costs
4. discretionary costs