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

Basics of Accounting MCQs with Answers PDF Download – Test 1

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Learn Basics of Accounting Multiple Choice Questions (MCQs) with Answers PDF (Basics of Accounting MCQs PDF e-Book) download Ch. 5-1 to study BBA Cost Accounting Course. Practice Direct Costs and Indirect Costs MCQs, Basics of Accounting Notes questions and answers PDF for digital training systems. Study Basics of Accounting MCQs App Download: Free BBA Cost Accounting App to study what is cost in accounting career test for accounting theory learning.

Free "Basics of Accounting MCQs" App Download [Free] with MCQ: Cost, which is related to specific cost object and economically traceable, will be classified as; with answers: indirect cost, direct cost, line cost, and staff cost for accounting theory learning. Solve Period Costs Quiz Questions, download Google e-Book (Free Chapter) for e commerce training.

Basics of Accounting MCQs – Practice Test 1 PDF Download

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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