BBA Cost Accounting MCQs – Practice Test for Exam Prep

Period Costs Multiple Choice Questions with Answers – PDF Download

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Free "Period Costs Learning" App Download with MCQ: Period cost, which consists the income statement of manufacturing companies belong to; with answers: inventory costs, product costs, non-manufacturing costs, and manufacturing costs for accounting study resources. Practice Period Costs Quiz Questions, download Google e-Book (Free Chapter) for remote study success.

Period Costs MCQs PDF Download – Prep Test

MCQ 1: The period cost, which consists the income statement of manufacturing companies belong to:

inventory costs
product costs
non-manufacturing costs
manufacturing costs

MCQ 2: The costs which are considered as expenses in the accounting period are also known as:

inventory costs
period costs
timed costs
labor overheads

MCQ 3: The master budget, which is based on the planned output level at the start of budget period is considered as:

static budget
varied budget
marketing budget
methodological budget

MCQ 4: In the income statement of merchandising costs, the period cost includes all costs which are not related to:

cost of resale goods
cost of manufacturing goods
timed resale of goods
cost of purchased goods

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