BBA: Finance Courses

Chapter 1: MBA Cost Accounting Exam Tests

MBA Cost Accounting MCQs - Chapter 1

Accounting Concepts Multiple Choice Questions PDF Download - 5

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Accounting Concepts Questions & Answers PDF Download: MCQ Quiz 5

MCQ 21: The costs which are considered as expenses in the accounting period are also known as

A) inventory costs
B) period costs
C) timed costs
D) labor overheads

MCQ 22: The health care premium for workers and the pension costs are included in

A) payroll fringe costs
B) health costs
C) premium costs
D) workers costs

MCQ 23: All the costs, which are assigned to manufactured products for specific calculations are classified as

A) contracting costs
B) product cost
C) government costs
D) marketing costs

MCQ 24: If the direct material cost is $5500 and the prime cost is $25000, then the direct manufacturing labor would be

A) $19,500
B) $30,500
C) $45,500
D) $22,500

MCQ 25: The direct manufacturing labor costs is $40000 and manufacturing overhead cost is $7000, then conversion cost would be

A) $47,000
B) $33,000
C) $57,000
D) $18,000

Accounting Concepts Learning App & Free Study Apps

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Accounting Concepts App (Android & iOS)

Accounting Concepts App (Android & iOS)

Cost Accounting App (Android & iOS)

Cost Accounting App (Android & iOS)

Financial Management App (Android & iOS)

Financial Management App (Android & iOS)

Human Resource Management (BBA) App (Android & iOS)

Human Resource Management (BBA) App (Android & iOS)