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Download "Cost Allocation & Costing Systems Learning" App (Android & iOS): In corporate costs, the cost incurred to finance construction of new equipment are classified as; MCQ with answers: discretionary costs, treasury costs, corporate administration costs, and human resource management costs. Learn Cost Allocation, Customer Profitability and Sales Variance Analysis Questions and Answers, Apple Book to download free chapter for digital education success.

Cost Allocation & Costing Systems MCQs – Mock Test 159 PDF Download

MCQ 791: In corporate costs, the cost incurred to finance construction of new equipment are classified as:

  1. treasury costs
  2. discretionary costs
  3. human resource management costs
  4. corporate administration costs

MCQ 792: In relevance concepts, the relevant revenues are also termed as:

  1. parallel revenues
  2. abnormal revenues
  3. expected future revenues
  4. serial revenues

MCQ 793: If the input used in manufacturing is smaller in quantity and output produced is greater in quantity, this will be categorized under:

  1. lesser effective
  2. greater efficiency
  3. smaller efficiency
  4. greater effective

MCQ 794: The variance, if used to alert managers before time of the problem is called:

  1. varied warning
  2. times warning
  3. managers warning
  4. early warning

MCQ 795: The department which directly adds value to product or service is known as:

  1. production department
  2. operating department
  3. allocation base department
  4. both a and b

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