BBA Cost Accounting MCQs – Practice Test 2 (Chapter 5)

Basics of Accounting MCQ with Answers PDF Download – Test 2

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Download Basics of Accounting Learning App (Android & iOS) with MCQ: "Cost which remains unchanged, in proportion to level the total volume of production is classified as"; with answers: infeasible cost, total cost, fixed cost, and variable cost. Practice Cost Variance Analysis & Activity Based Costing Quiz Questions, download Apple Book (Free Chapter) to manage study schedules.

Basics of Accounting MCQ – Practice Test 2 PDF Download

MCQ 6: 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

MCQ 7: In accounting, the cost which is predicted to be incurred or future cost is known as:

past cost
incurred cost
actual cost
budgeted cost

MCQ 8: The cost which is related to specific cost object and cannot be economically traceable is classified as:

line cost
staff cost
direct cost
indirect cost

MCQ 9: The process of assigning the indirect costs to any specific cost object is known as:

economic cost
cost tracing
cost allocation
non-economic costs

MCQ 10: In accounting, the resources sacrifice for achieving or fulfill specific objective is known as:

source cost
sacrifice cost
treated cost
cost

BBA Cost Accounting Notes App & e-Book – Basics of Accounting Exam Prep

Capacity Analysis and Inventory Costing MCQs

Decision Making Process and Information MCQs

Inventory Management, Just in Time and Costing Methods MCQs

Flexible Budget and Management Control MCQs

Activity based Costing and Management MCQs

Basics of Accounting MCQs

Flexible Budget: Overhead Cost Variance MCQs

Cost Allocation, Customer Profitability and Sales Variance Analysis MCQs

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