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Cost Accounting MCQs

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Refining Costing System MCQ with Answers PDF

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Practice Refining Costing System Multiple Choice Questions (MCQ), cost accounting quiz answers PDF with live worksheets for online degrees. Solve activity based costing and management Multiple Choice Questions and Answers (MCQs), Refining Costing System quiz questions bank for accredited online business schools. "Refining Costing System MCQ" PDF book: refining costing system, activity based costing systems, broad averaging and consequence test prep for online BBA degree.

"The costs of all the activities for individual products or services can be called" Multiple Choice Questions (MCQ) on refining costing system with choices purpose level costs, output-unit level costs, input-unit level costs, and activity level costs for accredited online business schools. Solve refining costing system quiz questions for merit scholarship test and certificate programs for online business and management degree.

MCQs on Refining Costing System

1.

The costs of all the activities for individual products or services can be called

purpose level costs
output-unit level costs
input-unit level costs
activity level costs

2.

The broad's average use to assign the cost of revenue to cost objects will be classified as

refined costing system
refined selling system
undefined costing
defined selling system

3.

The cost pool category, which have the similar cause and effect relationship, with each cost driver uses as an allocation base is classified as

heterogeneous price pool
homogenous cost pool
heterogeneous cost pool
homogenous price pool

4.

The hierarchy which is based on different types of cost allocation and drivers, to categorize cost pool activity is classified as

cost hierarchy
price hierarchy
activity hierarchy
purpose hierarchy

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Refining Costing System Book MCQ Questions

The costs of all the activities for individual products or services can be calledThe incurred costs to exclude the production of goods, that do notIf the total sales are $250000, the beginning inventory is $25000 andAn approach in which, the over allocated and under allocated is spreadThe variable cost per unit is multiplied to the quantity of sold units to calculateThe required rate of return, is multiplied per unit cost of purchased units to calculate