Inventory Costing Methods MCQs with Answers PDF – Download Test 32

MCQ 156: If the capacity utilization and its cost are fixed in product costing, the capacity management is:

1. for short run
2. for long run
3. for one day
4. for few days

MCQ 157: An ability of an accounting system, to point out the use of resources in every step of production process is called:

1. back-flush trails
2. audit trails
3. trigger trails
4. lead manufacturing trails

MCQ 158: The categories of cash flows include:

1. net initial investment
2. cash flow from operations after paying taxes
3. cash flow from terminal disposal after paying taxes
4. all of above

MCQ 159: In operating income strategic analysis, the strategic component which measures change in cost attributed to price of input in current year, relative to price of input material in last year, can be classified as:

1. internal process component
2. growth component
3. price recovery component
4. productivity component

MCQ 160: In an activity based costing implementation, the product's diverse demand is based on:

1. batch size
2. complexity
3. process steps
4. all of above