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What is Cost in Accounting MCQs Quiz Online PDF Download eBook

Solve What is Cost in Accounting Multiple Choice Questions (MCQ), what is cost in accounting quiz answers PDF worksheet, cost accounting practice test for online courses. Learn basics of accounting Multiple Choice Questions and Answers (MCQs), "What is Cost in Accounting" quiz questions and answers for online classes for bachelor's degree in business administration. Learn basics of accounting test prep for online master's degree in business management.

"The material or anything for which cost is to be measured is known as" Multiple Choice Questions (MCQ) on what is cost in accounting with choices measurement object, cost object, accounting object, and budget object for online classes for bachelor's degree in business administration. Practice what is cost in accounting quiz questions fmerit scholarship test and certificate programs for online business administration courses. What is Cost in Accounting Video

MCQs on What is Cost in Accounting PDF Download eBook

MCQ: The material or anything for which cost is to be measured is known as

  1. measurement object
  2. cost object
  3. accounting object
  4. budget object

B

MCQ: In accounting, the cost which is predicted to be incurred or future cost is known as

  1. past cost
  2. incurred cost
  3. actual cost
  4. budgeted cost

D

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

  1. source cost
  2. sacrifice cost
  3. treated cost
  4. cost

D

MCQ: In accounting, the cost incurred in past or in historical financial statements is classified as

  1. actual cost
  2. budgeted cost
  3. past cost
  4. incurred cost

A

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

  1. system accumulation
  2. accumulated data
  3. cost accumulation
  4. organized accumulation

C