ACC 561 Week 3 Wileyplus Practice Quiz/ acc561tutorialdotcom
For More Course Tutorials Visit www.acc561tutorial.com 1. A major purpose of cost accounting is to 2. The two basic types of cost accounting systems are 3. A process cost system would most likely be used by a company that makes 4. Which of the following would be accounted for using a job order cost system? 5. The flow of costs in a job order cost system 6. The entry to record the acquisition of raw materials on account is 7. Time tickets should be approved by 8. The labor costs that have been identified as indirect labor should be charged to 9. Manufacturing overhead is applied to each job 10. A process cost accounting system is most appropriate when 11. Which of these best reflects a distinguishing factor between a job order cost system and a process cost system? 12. In process cost accounting, manufacturing costs are summarized on a 13. In a process cost system, product costs are summarized: 14. Which of the following is considered a difference between a job order cost and a process cost system? 15. The costs that are easiest to trace directly to products are 16. Other the most difficult part of computing accurate unit costs is determining the process amount of----------------------to assign to each product, service, or job. 17. The last step in activity-based costing is to 18. The first step in activity-based costing is to 19. A well-designed activity-based costing system starts with 20. An example of an activity cost pool is
For More Course Tutorials Visit
www.acc561tutorial.com
1. A major purpose of cost accounting is to
2. The two basic types of cost accounting systems are
3. A process cost system would most likely be used by a company that makes
4. Which of the following would be accounted for using a job order cost system?
5. The flow of costs in a job order cost system
6. The entry to record the acquisition of raw materials on account is
7. Time tickets should be approved by
8. The labor costs that have been identified as indirect labor should be charged to
9. Manufacturing overhead is applied to each job
10. A process cost accounting system is most appropriate when
11. Which of these best reflects a distinguishing factor between a job order cost system and a process cost system?
12. In process cost accounting, manufacturing costs are summarized on a
13. In a process cost system, product costs are summarized:
14. Which of the following is considered a difference between a job order cost and a process cost system?
15. The costs that are easiest to trace directly to products are
16. Other the most difficult part of computing accurate unit costs is determining the process amount of----------------------to assign to each product, service, or job.
17. The last step in activity-based costing is to
18. The first step in activity-based costing is to
19. A well-designed activity-based costing system starts with
20. An example of an activity cost pool is
- No tags were found...
You also want an ePaper? Increase the reach of your titles
YUMPU automatically turns print PDFs into web optimized ePapers that Google loves.
<strong>ACC</strong> <strong>561</strong> <strong>Week</strong> 3 <strong>Wileyplus</strong> <strong>Practice</strong> <strong>Quiz</strong> (New)<br />
Click Here to Buy the Tutorial<br />
http://www.acc<strong>561</strong>tutorial.com/<strong>ACC</strong>-<strong>561</strong>-<strong>Week</strong>-3-<strong>Wileyplus</strong>-<strong>Practice</strong>-<strong>Quiz</strong>-(New)<br />
For More Course Tutorials Visit<br />
www.acc<strong>561</strong>tutorial.com<br />
1. A major purpose of cost accounting is to<br />
2. The two basic types of cost accounting systems are<br />
3. A process cost system would most likely be used by a company that makes<br />
4. Which of the following would be accounted for using a job order cost system?<br />
5. The flow of costs in a job order cost system<br />
6. The entry to record the acquisition of raw materials on account is<br />
7. Time tickets should be approved by<br />
8. The labor costs that have been identified as indirect labor should be charged to<br />
9. Manufacturing overhead is applied to each job<br />
10. A process cost accounting system is most appropriate when<br />
11. Which of these best reflects a distinguishing factor between a job order cost system and<br />
a process cost system?<br />
12. In process cost accounting, manufacturing costs are summarized on a<br />
13. In a process cost system, product costs are summarized:<br />
14. Which of the following is considered a difference between a job order cost and a<br />
process cost system?<br />
15. The costs that are easiest to trace directly to products are<br />
16. Other the most difficult part of computing accurate unit costs is determining the<br />
process amount of----------------------to assign to each product, service, or job.<br />
17. The last step in activity-based costing is to<br />
18. The first step in activity-based costing is to<br />
19. A well-designed activity-based costing system starts with<br />
20. An example of an activity cost pool is