Accounting MCQs

1590 MCQs  (Page 154 of 159)

Attempt Accounting MCQs Quiz
The costing system, in which individual activities are identified as the cost object, is considered as _________?
A. Manufactured costing
B. Activity based costing
C. Allocation costing
D. Base costing
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The factors that accelerate the process of refining a costing system include ____________?
A. Increase in product diversity
B. Increase in indirect costs
C. Product market competitions
D. All of above
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The broad’s average use to assign the cost of revenue to cost objects will be classified as ____________?
A. Refined costing system
B. Refined selling system
C. Undefined costing
D. Defined selling system
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The product which requires low amount of resources, but incur high per unit cost is classified as __________?
A. Expected under cost
B. Expected over cost
C. Product under costing
D. Product over costing
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In an activity based costing implementation, the product’s diverse demand is based on _________?
A. Batch size
B. Complexity
C. Process steps
D. All of above
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In an activity based cost system; an activity/unit of work or task with differentiated purposes will be classified as __________?
A. Different task
B. Purpose cost
C. An activity
D. An allocation cost
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An approach in which the company under-costs it’s one product and over-costs at least one product is classified as __________?
A. Service-cost across subsidizing
B. Product-price cross subsidizing
C. Product-cost cross subsidizing
D. Product cross subsidizing
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The costs of all the activities for individual products or services can be called ___________?
A. Purpose level costs
B. Output-unit level costs
C. Input-unit level costs
D. Activity level costs
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The budgeted total cost in indirect cost pool, is divided by budgeted total quantity of the cost allocation base, is calculated by _________?
A. Budgeted direct cost rate
B. Budgeted indirect cost rate
C. Expected indirect cost rate
D. Direct budget percentage
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In the activity based costing method implementation, an output unit level costs are classified as ____________?
A. Indirect costs
B. Direct cost
C. Labor cost
D. Raw material cost
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Word of the Day
23 Jul
Aisle
a passage between rows of seats in a building such as a church or theatre, an aircraft, or train.
طویل تنگ راستہ، نشتوں کے درمیان راستہ

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