Audit fess is a part of__________.

A: works on cost.

B: selling overhea

C: distribution overhea

D: administration overhead

Answer & Explanation Discussion
Save for Later(0)

No account yet? Register

administration overhead

Overhead cost is the total of ____________.

A: all indirect costs.

B: all direct costs.

C: indirect and direct costs.

D: all specific costs

Answer & Explanation Discussion
Save for Later(0)

No account yet? Register

all indirect costs.

Warehouse rent is a part of _________?

A: prime cost.

B: factory cost.

C: distribution cost.

D: production cost

Answer & Explanation Discussion
Save for Later(0)

No account yet? Register

distribution cost.

Tender is an_____________?

A: estimation of profit.

B: estimation of cost.

C: estimation of selling price

D: estimation of units.

Answer & Explanation Discussion
Save for Later(0)

No account yet? Register

estimation of selling price

One of the most important tools in cost planning is__________?

A: Direct cost

B: Cost Sheet

C: Budget

D: Marginal Costing.

Answer & Explanation Discussion
Save for Later(0)

No account yet? Register

Budget

Find the cost of goods sold if goods are sold for 2,000 at 25% profit on cost?

A: 1,600

B: 1,500

C: 1,000

D: 1,800

Answer & Explanation Discussion
Save for Later(0)

No account yet? Register

1,500

The process of paying off debt over time in regular installment of interest & principal sufficient to repay the loan in fully by its maturity date.

A: Amortization

B: Loan Payment

C: Liability

D: Securitization

Answer & Explanation Discussion
Save for Later(0)

No account yet? Register

Amortization

Direct cost incurred can be identified with_______________?

A: Each Department

B: Each unit of output

C: Each Month

D: Each Executive

Answer & Explanation Discussion
Save for Later(0)

No account yet? Register

Each unit of output

1 2 3 40