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
Accounting MCQs with Answers
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
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
In the activity based costing method implementation, the indirect costs are allocated by using the ___________?
A. no cost pool B. One or two cost pools C. sustained tracing D. support tracing
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
The product which requires large amount of resources, but incur low per unit cost is classified as __________?
A. product under costing B. product over costing C. expected under cost D. expected over cost
In an innovation process, operation process and post sales services are all sub processes of a perspective, named __________?
A. internal business process perspective B. external business process perspective C. leadership perspective D. reengineering perspective
An example of direct engineered cost is _________?
A. indirect material cost B. direct material cost C. direct labor cost D. indirect labor cost
The translation of organization strategy, and mission into performance measures to provide framework for strategy implementation is termed as __________?
A. differentiation scorecard B. bargaining scorecard C. leadership scorecard D. balanced scorecard