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Cost Accounting MCQs

Cost Accounting MCQs - Topic

Direct Costs and Indirect Costs MCQ with Answers PDF

Solve Direct Costs and Indirect Costs Multiple Choice Questions (MCQ), cost accounting quiz answers PDF with career tests for online courses. Practice basics of accounting Multiple Choice Questions and Answers (MCQs), Direct Costs and Indirect Costs quiz questions bank for online BBA business administration. "Direct Costs and Indirect Costs MCQ" PDF book: what is cost in accounting, direct costs and indirect costs test prep for online business administration and management degree.

"The cost, which is related to specific cost object and economically traceable, will be classified as" Multiple Choice Questions (MCQ) on direct costs and indirect costs with choices direct cost, indirect cost, line cost, and staff cost for online BBA business administration. Practice direct costs and indirect costs quiz questions for merit scholarship test and certificate programs for online schools for business management degrees.

MCQs on Direct Costs and Indirect Costs

1.

The cost, which is related to specific cost object and economically traceable, will be classified as

direct cost
indirect cost
line cost
staff cost

2.

The cost which is changed in proportion to level the total volume is

fixed cost
variable cost
total cost
infeasible cost

3.

The costs are classified as fixed or variable on the basis of

specific activity
given time period
common activity
both a and b

4.

The process of tracing the direct costs and allocation of indirect costs is known as

cost assignment
direct assignment
indirect assignment
economic assignment

5.

The cost which remains unchanged, in proportion to level the total volume of production is classified as

total cost
infeasible cost
fixed cost
variable cost