When an essential information for calculation of income statement is missing, then the costs that can be considered for this purpose is called _____________?

Related Mcqs:

1. 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

2. The calculation of product cost, gathering information for planning and analyzing information for decisions making are the features of ________?

   A. information accounting
   B. cost accounting
   C. analyzing accounts
   D. marketing 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 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

5. 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

6. 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

7. The target operating income is multiplied to tax rate and then subtracted from target operating income to calculate _____________?

   A. target net cost
   B. target net income
   C. target net gain
   D. target net loss

8. In the process of examining, occurred changes in total revenues, operating income and costs is known as _____________?

   A. revenue analysis
   B. costs analysis
   C. operating income analysis
   D. cost volume profit analysis

9. 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

10. The budgeted income statement and the supporting budget schedules are categorized under _____________?

    A. focused statement
    B. slack statement
    C. budgeted income statement
    D. operating budget