A. fixed object
B. cost driver
C. cost object
D. mixed object
Related Mcqs:
- In adjustment issues of costing, the database must contain reliable measure of __________?
A. fixed cost driver
B. cost driver and cost
C. cost driver and object
D. mixed cost driver - 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 - 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 - 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 - 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 - 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 - 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 - The method which considers the lowest and highest values of cost driver and cost within relevant range is called ____________?
A. low high method
B. constant equation
C. variable equation
D. high low method - 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 - An assumption of specification analysis, which states all the values of residuals which are uniformly scattered around regression line is classified as __________?
A. abnormality of residuals
B. normality of regression
C. normality of residuals
D. abnormality of regression
