BBA Cost Accounting MCQs – Practice Test 2 (Chapter 20)

Fundamentals of Accounting MCQ with Answers PDF Download – Test 2

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Free Fundamentals of Accounting Learning App (Android & iOS) with MCQ: "Companies that are part of an industry of 'service providers' are"; with answers: merchandising sector companies, manufacturing sector companies, service sector companies, and raw material companies. Practice Cost Variance Analysis & Activity Based Costing Quiz Questions, download Apple Book (Free Chapter) to manage accounting courses.

Fundamentals of Accounting MCQ – Practice Test 2 PDF Download

MCQ 6: Companies that are part of an industry of 'service providers' are:

manufacturing sector companies
merchandising sector companies
service sector companies
raw material companies

MCQ 7: The normal activity range in which there is relationship between activity and costs is classified as:

relevant range
irrelevant range
cause range
effective range

MCQ 8: The companies in the industry that purchase the finished goods, and further sell the products into the market are classified as:

service sector companies
raw material companies
manufacturing sector companies
merchandising sector companies

MCQ 9: If the cost per unit is $50 and the total number of units manufactured in company are 5000, then the total manufacturing cost will be:

$220,000
$232,000
$250,000
$25,000

MCQ 10: An inventory which consists of stock waiting to be used In the process of manufacturing is known as:

finished goods inventory
indirect material inventory
direct materials inventory
work in process inventory

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

Capital Budgeting and Cost Benefit Analysis MCQs

Job Costing MCQs

Cost Allocation: Joint Products and Byproducts MCQs

Process Costing MCQs

Balanced Scorecard and Strategic Profitability Analysis MCQs

Inventory Management, Just in Time and Costing Methods MCQs

Spoilage, Rework and Scrap MCQs

Flexible Budget and Management Control MCQs

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