The situation in which the cost object has any job, customer or product is known as _________?

Related Mcqs:

1. The cost object user, who is ranked first in incremental cost allocation method is known as _________?

   A. First incremental user B. primary user C. secondary user D. second incremental user...

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. The process of assigning the direct or indirect cost to any cost object is known as ____________?

   A. cost assignment B. cost expectation C. event assignment D. probability assignment...

5. In incremental cost allocation method, the cost object user who is ranked second in ranking order is known as ____________?

   A. First incremental user B. primary user C. secondary user D. second incremental user...

6. An acquisition cost of raw material is to be used in the manufacturing, and becoming a component of cost object is classified as _________?

   A. direct material costs B. indirect material costs C. direct labor costs D. indirect labor costs...

7. The cost, which is related to specific cost object and economically traceable, will be classified as _________?

   A. direct cost B. indirect cost C. line cost D. staff cost...

8. The cost of operating activity, facility or any cost object which usually shares by two or more than two users is classified as _________?

   A. bundled cost B. common cost C. stand-alone cost D. incremental cost...

9. In customer cost hierarchy, the costs of all the incurred activities to sell a unit of product are classified as _________?

   A. customer sustaining costs B. customer output unit-level costs C. customer batch-level costs D. corporate sustaining costs...

10. In normal costing, the situation in which the allocated amount of indirect cost is greater than the incurred cost, is considered as _____________?

    A. incurred indirect cost B. over allocated indirect cost C. applied indirect cost D. applied direct cost...