MBA Cost Accounting MCQs - Chapter 5

Basics of Accounting Multiple Choice Questions (MCQs) PDF Download - 1

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The Basics of Accounting Multiple Choice Questions (MCQs) with Answers PDF (Basics of Accounting MCQs PDF e-Book) download Ch. 5-1 to study MBA Cost Accounting Course. Practice Direct Costs and Indirect Costs MCQs, Basics of Accounting trivia questions and answers PDF for online business administration and management degree. The Basics of Accounting MCQs App Download: Free learning app for what is cost in accounting career test to learn online accounting courses.

The Multiple Choice Question (MCQ): The cost, which is related to specific cost object and economically traceable, will be classified as; "Basics of Accounting" App Download (Free) with answers: Indirect cost; Direct cost; Line cost; Staff cost; for online business administration and management degree. Solve Period Costs Quiz Questions, download Google eBook (Free Sample) for online schools for business management degrees.

Basics of Accounting MCQ with Answers PDF Download: Quiz 1

MCQ 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

MCQ 2:

The material or anything for which cost is to be measured is known as

measurement object
cost object
accounting object
budget object

MCQ 3:

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

fixed cost
variable cost
total cost
infeasible cost

MCQ 4:

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

specific activity
given time period
common activity
both a and b

MCQ 5:

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

cost assignment
direct assignment
indirect assignment
economic assignment

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