MBA Cost Accounting Practice Test 121

Management Financial and Cost Accounting Quiz Questions and Answers PDF - 121

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Management Financial & Cost Accounting Questions and Answers PDF Download: Quiz 121

MCQ 601: The type of accounting, which reports financial and non-financial data about the cost of material and acquiring of resources is classified as

A) material accounting

B) cost accounting

C) supplies accounting

D) business accounting

MCQ 602: If the difference in costs is $7000 and the difference in machine hours of is $18000, then slope coefficient would be

A) 2.571

B) 0.39

C) 0.2571

D) 3.39

MCQ 603: In accounting, the resources sacrifice for achieving or fulfill specific objective is known as

A) source cost

B) sacrifice cost

C) treated cost

D) cost

MCQ 604: If the budgeted cost in indirect cost pool is $144500 and total quantity of cost allocation base is $165500, then the budgeted indirect cost rate will be

A) 67.30%

B) 87.31%

C) 55.50%

D) 45.50%

MCQ 605: In a joint process of production, the two or more products that yield high volume of sales as compared to total sales of other products are classified as

A) split off product

B) joint product

C) sunk product

D) main product

MBA Cost Accounting Exam Prep Tests

Transferred In Costs: Process Costing MCQs

Specification Analysis : Estimation Assumptions MCQs

CVP Analysis MCQs

Regression Line MCQs

Economic Value Added MCQs

Regression Analysis MCQs

Accounting Strategy MCQs

Customer Response Time and On Time Performance MCQs

Cost Accounts MCQs

Bottlenecks MCQs

Inventory Types, Inventoriable Cost and Period Cost MCQs

Variations from Normal Costing MCQs

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