According to accounting system the collection of cost data, in an organized way is classified as ___________? April 20, 2025 by admin A. system accumulation B. accumulated data C. cost accumulation D. organized accumulation
The relationship between change in activity and change in total costs is considered as __________? April 20, 2025 by admin A. fixed relationship B. cause and effect relationship C. ineffective relationship D. variable relationship
The process of assigning the indirect costs to any specific cost object is known as ___________? April 20, 2025 by admin A. economic cost B. cost tracing C. cost allocation D. non-economic costs
The process of tracing the direct costs and allocation of indirect costs is known as __________? April 20, 2025 by admin A. cost assignment B. direct assignment C. indirect assignment D. economic assignment
The cost which is changed in proportion to level the total volume is ___________? April 20, 2025 by admin A. fixed cost B. variable cost C. total cost D. infeasible cost
The cost, which is related to specific cost object and economically traceable, will be classified as _________? April 20, 2025 by admin A. direct cost B. indirect cost C. line cost D. staff cost
The costs are classified as fixed or variable on the basis of __________? April 20, 2025 by admin A. specific activity B. given time period C. common activity D. both a and b
The cost which remains unchanged, in proportion to level the total volume of production is classified as _________? April 20, 2025 by admin A. total cost B. infeasible cost C. fixed cost D. variable cost
The cost which is related to specific cost object and cannot be economically traceable is classified as ________? April 20, 2025 by admin A. line cost B. staff cost C. direct cost D. indirect cost
In accounting, the resources sacrifice for achieving or fulfill specific objective is known as _________ April 20, 2025 by admin A. source cost B. sacrifice cost C. treated cost D. cost
