Costing Basics - Unit 1 - Introduction 1

Quiz
•
Business
•
9th - 12th Grade
•
Hard
BEV Class
Used 4+ times
FREE Resource
10 questions
Show all answers
1.
MULTIPLE SELECT QUESTION
30 sec • 1 pt
Businesses need to track the costs and income streams to create
sales
accurate budgets
effective business plans
journal entries
2.
MULTIPLE SELECT QUESTION
30 sec • 1 pt
Which of the following is a Profit Centre (not a Cost Centre)?
Production Department
Service Cost Centre
Administration Department
Marketing Department
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Costs incurred in a production cost centre of an ice-cream factory is a
Production Cost
Non-Production Cost
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Costs incurred in a service cost centre of an ice-cream factory is a
Production Cost
Non-Production Cost
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Cooking department of an ice-cream factory is a
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Maintenance of machinery department of an ice-cream factory is a
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Quality Control department of an ice-cream factory is a
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