As an Amazon Associate I earn from qualifying purchases.
Download eBooks for Business Administration Degree Programs

Cost Accounting Multiple Choice Tests
Financial Management Questions and Answers
BBA Cost Accounting Quizzes and Tests
Cost Accounting Notes and Technology Articles

Spoilage, Rework and Scrap Terminology MCQs Quiz Online PDF Download eBook

Solve Spoilage, Rework and Scrap Terminology Multiple Choice Questions (MCQ), spoilage, rework and scrap terminology quiz answers PDF worksheet, cost accounting practice test for online courses. Learn spoilage, rework and scrap Multiple Choice Questions and Answers (MCQs), "Spoilage, Rework and Scrap Terminology" quiz questions and answers for business admin degree online. Learn job costing and spoilage, types of spoilage, scrap and byproducts accounting test prep for business administration degree courses.

"The partial or completed units of manufactured goods, that do not meet customer specifications and get sold at reduced price or simply discarded, are called" Multiple Choice Questions (MCQ) on spoilage, rework and scrap terminology with choices spoilage, rework, scrap, and equivalence for business admin degree online. Practice spoilage, rework and scrap terminology quiz questions fmerit scholarship test and certificate programs for online schools for business management. Spoilage, Rework and Scrap Terminology Video

MCQs on Spoilage, Rework and Scrap Terminology PDF Download eBook

MCQ: The partial or completed units of manufactured goods, that do not meet customer specifications and get sold at reduced price or simply discarded, are called

  1. spoilage
  2. rework
  3. scrap
  4. equivalence

A

MCQ: Which one of the following is an example of spoilage?

  1. short lengths from wood work
  2. defective aluminum cans recycled by manufacturer
  3. detection of defective pieces before shipment
  4. all of above

B

MCQ: The production units that do not meet customer specification, but can be sold to other customers as finished goods are classified as

  1. reduced work
  2. spoilage
  3. rework
  4. scrap

C

MCQ: An example of rework is

  1. short lengths from wood work
  2. defective aluminum cans recycled by manufacturer
  3. detection of defective pieces before shipment
  4. none of above

C

MCQ: The residual material which results from manufacturing products is called

  1. reduced work
  2. spoilage
  3. rework
  4. scrap

D

Prev Quiz: Contribution Margin versus Gross Margin Multiple Choice Questions (MCQs)
Next Quiz: CVP Analysis Multiple Choice Questions (MCQs)
Cost Accounting MCQs: Multiple Choice Questions and Answers (Quiz & Tests with Answer Keys)