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Building Block Concepts of Costing Systems Questions and Answers PDF Download eBook - 126

Building Block Concepts of Costing Systems trivia questions and answers, building block concepts of costing systems quiz answers PDF 126 to practice accounting exam questions for online classes. Practice "Job Costing" trivia questions and answers, building block concepts of costing systems Multiple Choice Questions (MCQ) for online accounting degree. Free building block concepts of costing systems MCQs, insourcing versus outsourcing, net realizable value method, cost variance analysis and activity based costing, throughput costing, building block concepts of costing systems test prep for free online classes.

"The procedure of assigning the direct cost to any cost abject is classified as", building block concepts of costing systems Multiple Choice Questions (MCQ) with choices cost tracing, sales allocation, cost allocation, and sales tracing for online business degree. Learn job costing questions and answers to improve problem solving skills for online BBA courses. Building Block Concepts of Costing Systems Video

Trivia Quiz on Building Block Concepts of Costing Systems PDF Download eBook

Building Block Concepts of Costing Systems Quiz

MCQ: The procedure of assigning the direct cost to any cost abject is classified as

  1. sales allocation
  2. cost tracing
  3. cost allocation
  4. sales tracing

C

Throughput Costing Quiz

MCQ: In super variable costing, all costs other than direct material costs are recorded in the period

  1. of incurring
  2. of sale
  3. of manufacturing
  4. of indirect recording

A

Cost Variance Analysis and Activity Based Costing Quiz

MCQ: All the salaries are paid to supervisors and engineers and cost of leasing equipment are classified as

  1. variable setup costs
  2. fixed setup costs
  3. variable batch costs
  4. fixed batch costs

B

Net Realizable Value Method Quiz

MCQ: Joint cost allocation method for joint products, which is based on achievable value is known as

  1. joint products value at split off method
  2. main product cost at split off method
  3. Gross realizable value method
  4. net realizable value method

D

Insourcing versus Outsourcing Quiz

MCQ: The cost such as dispose value of an old machine is $6000 is classified as

  1. irrelevant
  2. depreciated cost
  3. salvages
  4. relevant

D