The balance sheet, in which all the costs of the product that must be considered as its assets, is said to be

Related Mcqs:

1. An approach in which the company under-costs it’s one product and over-costs at least one product is classified as __________?

   A. service-cost across subsidizing
   B. product-price cross subsidizing
   C. product-cost cross subsidizing
   D. product cross subsidizing

2. The customer sustaining costs, customer batch-level costs and customer output-unit level costs are classified as _________?

   A. customer level indirect costs
   B. customer level direct costs
   C. corporate level direct costs
   D. corporate level indirect costs

3. The customer sustaining costs, customer batch-level costs and customer output-unit level costs are classified as _________?

   A. customer level indirect costs
   B. customer level direct costs
   C. corporate level direct costs
   D. corporate level indirect costs

4. An indirect setup labor costs, costs of setup and equipment maintenance and costs of indirect material can be categorized as ______________?

   A. variable batch costs
   B. fixed batch costs
   C. variable setup costs
   D. fixed setup costs

5. The costs which are related to different functions of the value chain of company, such as marketing and manufacturing costs are considered as __________?

   A. value costs
   B. future function costs
   C. business function costs
   D. sunk function costs

6. The total available assets are subtracted from idle assets to calculate

   A. market equity
   B. total assets employed
   C. total assets available
   D. stockholders’ equity

7. In an income statement, when costs become cost of sold goods and manufactured products are sold, such costs are

   A. inventoriable costs
   B. finished costs
   C. factory overhead costs
   D. manufacturing overhead costs

8. The direct material costs are added into direct manufacturing costs, to calculate _________?

   A. discuss costs
   B. prime costs
   C. resale cost
   D. merchandise costs

9. The process of tracing the direct costs and allocation of indirect costs is known as __________?

   A. cost assignment
   B. direct assignment
   C. indirect assignment
   D. economic assignment

10. The costs of issuing purchase orders, making of delivery records for tracking payments and costs of inspection of items are classified as _____________?

    A. stock-out costs
    B. ordering costs
    C. carrying costs
    D. purchasing costs