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Activity Based Costing And Management MCQs

Option A: product under costing

Option B: product over costing

Option C: expected under cost

Option D: expected over cost

Correct Answer: product under costing


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Option A: manufactured costing

Option B: activity based costing

Option C: allocation costing

Option D: base costing

Correct Answer: activity based costing


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Option A: no cost pool

Option B: One or two cost pools

Option C: sustained tracing

Option D: support tracing

Correct Answer: One or two cost pools


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Option A: increase in product diversity

Option B: increase in indirect costs

Option C: product market competitions

Option D: all of above

Correct Answer: all of above


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Option A: expected under cost

Option B: expected over cost

Option C: product under costing

Option D: product over costing

Correct Answer: product over costing


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Option A: refined costing system

Option B: refined selling system

Option C: undefined costing

Option D: defined selling system

Correct Answer: refined costing system


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Option A: batch size

Option B: complexity

Option C: process steps

Option D: all of above

Correct Answer: all of above


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Option A: different task

Option B: purpose cost

Option C: an activity

Option D: an allocation cost

Correct Answer: an activity


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Option A: service-cost across subsidizing

Option B: product-price cross subsidizing

Option C: product-cost cross subsidizing

Option D: product cross subsidizing

Correct Answer: product-cost cross subsidizing


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Option A: budgeted direct cost rate

Option B: budgeted indirect cost rate

Option C: expected indirect cost rate

Option D: direct budget percentage

Correct Answer: budgeted indirect cost rate


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Option A: purpose level costs

Option B: output-unit level costs

Option C: input-unit level costs

Option D: activity level costs

Correct Answer: output-unit level costs


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Option A: indirect costs

Option B: direct cost

Option C: labor cost

Option D: raw material cost

Correct Answer: indirect costs


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Option A: expected sustaining

Option B: input sustaining

Option C: output sustaining

Option D: product sustaining costs

Correct Answer: product sustaining costs


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Option A: cost hierarchy

Option B: price hierarchy

Option C: activity hierarchy

Option D: purpose hierarchy

Correct Answer: cost hierarchy


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Option A: individual sustaining costs

Option B: facility sustaining costs

Option C: sustained tracing

Option D: support tracing

Correct Answer: facility sustaining costs


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Option A: heterogeneous price pool

Option B: homogenous cost pool

Option C: heterogeneous cost pool

Option D: homogenous price pool

Correct Answer: homogenous cost pool


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Option A: activity list

Option B: activity dictionary

Option C: active purpose

Option D: both A and B

Correct Answer: both A and B


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Option A: activity level costs

Option B: input level costs

Option C: batch level costs

Option D: output level costs

Correct Answer: batch level costs


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