Accounting MCQs

1590 MCQs  (Page 99 of 159)

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The method, which allocates the cost of support department, to operating and support departments is known as ___________?
A. Indirect method
B. Direct method
C. Step down method
D. Reciprocal method
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In incremental cost allocation method, the cost object user who is ranked second in ranking order is known as ____________?
A. First incremental user
B. Primary user
C. Secondary user
D. Second incremental user
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The method, which allocates cost of support department for operating departments by recognizing all the mutual services provided is classified as ___________?
A. Indirect method
B. Direct method
C. Step down method
D. Reciprocal method
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If the employees of division A work for 8000 hours for $90 per hour, then the rate must be paid in division B in accordance of single rate method will be ___________?
A. $90 per hour
B. Less than $90 per hour
C. Greater than $90 per hour
D. None of above
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According to incremental method, the party which receives the highest ranking in allocation of common cost is classified as ____________?
A. Third incremental party
B. Second incremental party
C. Primary party
D. First incremental party
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A particular term for which specific revenue measurement is required is known as __________?
A. Revenue allocation
B. Revenue object
C. Revenue increment
D. Reciprocal revenue
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Support department cost allocation method which makes no difference between variable and fixed costs is classified as ___________?
A. Sales mix allocation method
B. Dual-rate cost-allocation method
C. Single rate cost allocation method
D. Quantity variance allocation method
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The method, which uses specific information on products as weights to allocate bundled revenues for each product in bundle is classified as ___________?
A. Step down allocation method
B. Stand-alone revenue allocation method
C. Incremental revenue allocation method
D. Revenue mix allocation method
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The third ranked product in incremental revenue-allocation method is known as _________?
A. Primary product
B. First incremental product
C. Second incremental product
D. Third incremental product
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In incremental cost allocation method, the cost object user who is ranked third in ranking order is classified as ____________?
A. First incremental user
B. Primary user
C. Secondary user
D. Second incremental user
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Word of the Day
18 Jul
Proactive
(of a person or action) creating or controlling a situation rather than just responding to it after it has happened.
فعال، پیش قدمی کے ذریعے صورتحال پر قابو پانیوالا

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