A. source cost
B. sacrifice cost
C. treated cost
D. cost
Related Mcqs:
- In process costing method, when the work done in current accounting period, and beginning inventory before current accounting period, is classified as _________?
A. partial inventory costing method
B. current period inventory method
C. Last-in, first-out method
D. First-in, first-out method - An accounting which records and measures the business transactions and is followed by generally accepted accounting principles is classified as ____________?
A. external accounting
B. internal accounting
C. business accounting
D. financial accounting - An ability of an accounting system, to point out the use of resources in every step of production process is called ___________?
A. back-flush trails
B. audit trails
C. trigger trails
D. lead manufacturing trails - The type of accounting, which reports financial and non-financial data about the cost of material and acquiring of resources is classified as ____________?
A. material accounting
B. cost accounting
C. supplies accounting
D. business accounting - The forgone contribution of resources, into the revenues because of not using the resources, in next best use is classified as __________?
A. in-source cost
B. opportunity cost
C. offshore cost
D. outsource cost - An exertion for achieving a set goal is known as ____________?
A. motivation
B. goal congruence
C. effort
D. autonomy - A situation when groups and individuals work together for achieving a particular goal can be classified as _________?
A. motivation
B. goal congruence
C. effort
D. autonomy - In accounting system, a document which consists of all assigned cost for specific job is classified as __________?
A. job cost record
B. job cost sheet
C. source document
D. both a and b - A document which consists information about labor time usage, for specific job in a specific department, is known as __________?
A. selling time record
B. labor time record
C. buying time record
D. direct time record - In accounting, the cost which is predicted to be incurred or future cost is known as ________?
A. past cost
B. incurred cost
C. actual cost
D. budgeted cost
