BBA: Finance Courses

MBA Cost Accounting Certification Exam Tests

MBA Cost Accounting Practice Test 12

Residual Income Multiple Choice Questions (MCQ) PDF - 12

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Residual Income Questions and Answers PDF Download: Quiz 12

MCQ 56: An investment is multiplied to required rate of return, to calculate

A) congruent cost of investment
B) transfer cost of investment
C) operating cost of investment
D) imputed cost of investment

MCQ 57: The graphical representation of cost driver data and costs are considered as

A) plotting the data
B) plotting the costs
C) plotting the cost drivers
D) plotting curved line

MCQ 58: If the cost of goods sold is $8000, the gross margin is $5000 then the revenue will be

A) $13,000
B) −$13000
C) $3,000
D) −$3000

MCQ 59: The cost allocation base used by an operating manager is classified as

A) machine hours
B) flexible hours
C) variable hours
D) fixed hours

MCQ 60: The first step in constant gross margin percentage, Net realizable value (NRV) method is to allocate joint, to compute

A) Gross margin percentage
B) total production cost of each product
C) allocated joint costs
D) cost of split off point

MBA Cost Accounting Exam Prep Tests

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Residual Income App (Android & iOS)

Residual Income App (Android & iOS)

Cost Accounting App (Android & iOS)

Cost Accounting App (Android & iOS)

Business Mathematics App (Android & iOS)

Business Mathematics App (Android & iOS)

BBA Economics App (Android & iOS)

BBA Economics App (Android & iOS)