BBA: Finance Courses

MBA Cost Accounting Certification Exam Tests

MBA Cost Accounting Practice Test 216

# What is Cost in Accounting MCQ Questions and Answers PDF - 216

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## What is Cost in Accounting MCQ with Answers : Quiz 216

MCQ 1076: According to accounting system the collection of cost data, in an organized way is classified as

A) system accumulation
B) accumulated data
C) cost accumulation
D) organized accumulation

MCQ 1077: The costs of undertaken activities is to support individual products and are known as

A) expected sustaining
B) input sustaining
C) output sustaining
D) product sustaining costs

MCQ 1078: The value, which measures that how large is the value of standard error in relevance to value of estimated coefficient, is termed as

A) t-value
B) b-value
C) d-value
D) c-value

MCQ 1079: The chances of cost to be considered as variable are more, if the

A) time horizons are long
B) time horizons are short
C) time horizons are irrelevant
D) time horizons are relevant

MCQ 1080: The span time from initial research and development of product till support and customer service, if not offered for that particular product will be called

A) product life cycle
B) life cycle budgeting
C) life cycle costing
D) target costing

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