Bachelor Of Business Administration

Cost Accounting MCQs

BBA: Cost Accounting MCQs - Subtopic

Operation Costing MCQ with Answers

Operation Costing Multiple Choice Questions (MCQ) to practice operation costing quiz answers PDF, cost accounting worksheets for online degrees. Solve process costing Multiple Choice Questions and Answers (MCQs), "Operation Costing" quiz questions and answers for online business administration school. Learn weighted average method, process costing system, transferred in costs: process costing test prep for online classes business administration.

"In process costing method, when the work done in current accounting period, and beginning inventory before current accounting period, is classified as" Multiple Choice Questions (MCQ) on operation costing with choices partial inventory costing method, current period inventory method, last-in, first-out method, and first-in, first-out method for online business administration school. Solve operation costing quiz questions for merit scholarship test and certificate programs for online schools for business administration.

MCQs on Operation Costing

1.

In process costing method, when the work done in current accounting period, and beginning inventory before current accounting period, is classified as

partial inventory costing method
current period inventory method
Last-in, first-out method
First-in, first-out method

2.

The standardized technique that is performed repetitively on different kind of materials to convert them into different finished products is known as

conversion process
operation
hybridization
both a and b

3.

The hybrid costing system, which is applied to batches of similar products, but are not identical is classified as

incremental costing system
split off costing system
inventoriable costing system
operation costing system