BBA Cost Accounting Competitive Exam MCQs – Practice Test 5 (Chapter 1)

Accounting Concepts MCQs with Answers PDF Download – Test 5

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The Accounting Concepts Multiple Choice Questions (MCQs) with Answers PDF (Accounting Concepts MCQs PDF e-Book) download Ch. 1-5 to study BBA Cost Accounting Course. Practice Period Costs MCQs, Accounting Concepts Notes questions and answers PDF for best online colleges for business administration. The BBA Cost Accounting MCQs App Download: Free Accounting Concepts App to study cost analysis, prime costs, conversion costs career test for online business accounting degree.

The MCQ: The costs which are considered as expenses in the accounting period are also known as; "BBA Cost Accounting MCQs" App Download [Free] with answers: period costs, inventory costs, timed costs, and labor overheads for online business accounting degree. Solve Period Costs Quiz Questions, download Google e-Book (Free Chapter) for online bachelor's degree in business management.

Accounting Concepts MCQs – Practice Test 5 PDF Download

MCQ: 21

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

inventory costs
period costs
timed costs
labor overheads

MCQ: 22

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

payroll fringe costs
health costs
premium costs
workers costs

MCQ: 23

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

contracting costs
product cost
government costs
marketing costs

MCQ: 24

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

$19,500
$30,500
$45,500
$22,500

MCQ: 25

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

$47,000
$33,000
$57,000
$18,000

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