- (A) Relevant costs
- (B) Differential costs
- (C) Target costs
- (D) Sunk costs
Accounting Mcqs
- (A) Variable cost
- (B) Unit cost
- (C) Total cost
- (D) Fixed cost
- (A) No change occurs to inventories for either use absorption costing or variable costing methods
- (B) The use of absorption costing produces a higher net income than the use of variable costing
- (C) The use of absorption costing produces a lower net income than the use of variable costing
- (D) The use of absorption costing causes inventory value to increase more than they would though the use of variable costing
- (A) I
- (B) T
- (C) H
- (D) None
- (A) Petty cash
- (B) Cash book
- (C) Cash receipt
- (D) Discount
- (A) 1,600
- (B) 1,500
- (C) 1,000
- (D) 1,800
- (A) 18,387
- (B) 18,560
- (C) 18,750
- (D) 19,000
- (A) Direct cost
- (B) Cost Sheet
- (C) Budget
- (D) Marginal Costing.
- (A) 792
- (B) 820
- (C) 840
- (D) 864
- (A) 8,000 units
- (B) 11,000 units
- (C) 10,000 units
- (D) 9,000 units
