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MBA Cost Accounting Quizzes

MBA Cost Accounting Practice Test 116

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Apps:

The MCQ "If the current assets are \$856000 and the working capital is \$654500, then the current liabilities will be" PDF, Economic Value Added App Android & iOS (Free) with \$401,500, \$501,500, \$201,500, and \$301,500 choices for online colleges for business administration. Practice performance measurement, compensation and multinational considerations questions and answers, Google eBook to download free sample for online bachelor's degree in administration.

Accounting: Economic Value Added MCQ Quiz

MCQ: If the current assets are \$856000 and the working capital is \$654500, then the current liabilities will be

A) \$501,500
B) \$401,500
C) \$201,500
D) \$301,500

MCQ: If the residual error is 25 and the predicted cost value is 50, then the observed cost value would be

A) 100
B) 25
C) 50
D) 75

MCQ: The process of assigning the indirect costs to any specific cost object is known as

A) economic cost
B) cost tracing
C) cost allocation
D) non-economic costs

MCQ: If the salaries of engineers are \$3000, the salaries of supervisors are \$4000 and the equipment leasing cost is \$3000, then fixed setup costs will be

A) \$10,000
B) \$1,000
C) \$7,000
D) \$4,000

MCQ: In overhead cost variance analysis, the variable overhead does not include

A) favorable volume variance
B) profit volume variance
C) cost volume variance
D) production volume variance