ACCT final (phần 1)

ACCT final (phần 1)

University

36 Qs

quiz-placeholder

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ACCT final (phần 1)

ACCT final (phần 1)

Assessment

Quiz

Specialty

University

Hard

Created by

Giao Quỳnh

FREE Resource

36 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The finished product of one company can become raw materials for another company.

True

False

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Manufacturing overhead costs include ______.

administrative taxes and insurance, sales commissions, and factory assembly workers' wages

indirect materials, factory supervisors' salaries, and factory depreciation

direct materials, administrative taxes and insurance, and sales commissions

direct materials, sales commissions, and factory assembly workers' wages

3.

FILL IN THE BLANK QUESTION

1 min • 1 pt

How a cost react to changes in activity level is referred to as cost _______________ . (Enter only one word per blank.)

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Costs that remain constant in total are ______ costs.

fixed

both fixed and variable

variable

mixed

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The break-even point is reached when the contributioned margin is equal to:

total sales

profit

total variable expense

total fixed expenses

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Company A has a contribution margin ratio of 35%. For each dollar in sales, contribution margin will increase by ______.


$0.35

$0.65

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

To be traced to a cost object such as a particular product, the cost must be incurred to make the product.

True

False

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