Costing Basics - Unit 1 - Introduction 1

Costing Basics - Unit 1 - Introduction 1

9th - 12th Grade

10 Qs

quiz-placeholder

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Costing Basics - Unit 1 - Introduction 1

Costing Basics - Unit 1 - Introduction 1

Assessment

Quiz

Business

9th - 12th Grade

Hard

Created by

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

Production Cost Centre
Service Cost Centre

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Maintenance of machinery department of an ice-cream factory is a

Production Cost Centre
Service Cost Centre

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Quality Control department of an ice-cream factory is a

Production Cost Centre
Service Cost Centre

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