BBA Cost Accounting Certification MCQs – Practice Test 3 (Chapter 5)

Basics of Accounting Quiz with Answers PDF Download – Test 3

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The Basics of Accounting Quiz Questions and Answers PDF (Basics of Accounting Quiz PDF e-Book) download Ch. 5-3 to learn BBA Cost Accounting Course. Practice Direct Costs and Indirect Costs MCQs, Basics of Accounting MCQ questions and answers PDF for online master's degree in business management. Download the Basics of Accounting Quiz App: Free BBA Cost Accounting Quiz App to learn what is cost in accounting career test for online business administration courses.

The MCQ: In production, the variables such as level of activity or volume of company activity are known as; "Basics of Accounting Quiz" App (iOS, Android) with answers: timed drivers, cost drivers, variable drivers, and fixed drivers for executive MBA accounting programs. Study Planning of Variable & Fixed Overhead Costs Quiz Questions, download Google Book (Free Chapter) for online master's degree in business management.

Basics of Accounting Quiz – Practice Test 3 PDF Download

MCQ: 11

In production, the variables such as level of activity or volume of company activity are known as

cost drivers
timed drivers
variable drivers
fixed drivers

MCQ: 12

The relationship between change in activity and change in total costs is considered as

fixed relationship
cause and effect relationship
ineffective relationship
variable relationship

MCQ: 13

The direct cost assignment for specific cost object is classified as

cost object line cost
cost tracing
cost object indirect cost
cost object staff cost

MCQ: 14

In accounting, the cost incurred in past or in historical financial statements is classified as

actual cost
budgeted cost
past cost
incurred cost

MCQ: 15

According to accounting system the collection of cost data, in an organized way is classified as

system accumulation
accumulated data
cost accumulation
organized accumulation

Basics of Accounting Certification Guide – BBA Cost Accounting App & e-Book Quizzes

Flexible Budget and Management Control MCQs

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Cost Allocation, Customer Profitability and Sales Variance Analysis MCQs

Capacity Analysis and Inventory Costing MCQs

Management Accounting in Organization MCQs

Fundamentals of Accounting MCQs

Process Costing MCQs

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