In adjustment issues of costing, the database must contain reliable measure of __________?

Related Mcqs:

1. In adjustment issues of costing, the database must consider wide range values of __________?

   A. fixed object
   B. cost driver
   C. cost object
   D. mixed object

2. The costing system, which is a combination of process costing and job costing system, is classified as __________?

   A. weighted costing system
   B. average costing system
   C. hybrid costing system
   D. double costing system

3. In adjustment issues and data collection, the inflation affects the _________?

   A. cost driver and cost
   B. cost object and cost
   C. heterogeneous cost
   D. homogenous cost

4. The variance which is included in absorption costing, but not in variable costing is classified as __________?

   A. production volume variance
   B. cost volume variance
   C. profit volume variance
   D. fixed cost variance

5. If the fixed manufacturing cost expenses are under variable costing and are not expensed in absorption costing, it is resulting in _________?

   A. production exceeds breakeven sales
   B. breakeven sales exceeds production
   C. price exceeds cost
   D. cost exceeds price

6. The normal costing and standard costing methods are used in decisions such as ___________?

   A. investment decisions
   B. pricing decisions
   C. product mix decisions
   D. Both B and C

7. The costing technique, which classify all the activities in costing hierarchy is classified as ____________?

   A. activity based costing
   B. non-financial costing
   C. profit costing
   D. lump sum costing

8. A measure which evaluates overall tradeoff and effect among non-financial performance measure is _____________?

   A. non-financial measures
   B. financial measures
   C. effective measure
   D. lump sum measure

9. In throughput costing, the variable manufacturing overhead and direct manufacturing labor cost must be treated as ___________?

   A. accrual cost
   B. incurred cost
   C. period costs
   D. setup costs

10. The formal information systems, used in organizations to focus company’s learning and attention, given to the most important strategic issues are known as ____________?

    A. interactive control system
    B. belief systems
    C. boundary systems
    D. diagnostic control systems