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Cost Accounting
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Cost Accounting
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Cost Accounting
A helpful technique, for accurate forecasts about costs to be incurred in future is a part of
unit estimation
production estimation
cost estimation
price estimation
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Cost Accounting
If the contribution per unit is $900 and the number of units sold is $70, then the contribution margin will be
$97,000
$83,000
$63,000
$12,860
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rikazzz
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Cost Accounting
In financial accounting, the investors, banks, suppliers and government agencies are classified as
external parties
internal parties
environmental parties
transactional parties
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rikazzz
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Cost Accounting
Uncontrollable costs are the cost which be influenced by the action of a specified member of an undertaking:
Can not
Can
May or may not
must
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Cost Accounting
The measures that analyze the performance of a company, such as residual income, economic value added and customer satisfaction are collectively called
interactive control systems
belief systems
boundary systems
diagnostic control systems
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rikazzz
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Cost Accounting
The costs that are incurred to prevent low quality goods production are classified as
costs of quality
costs of learning
costs of reengineering
costs of spoilage inventory
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rikazzz
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Cost Accounting
The cost of product failure, error prevention and appraisals can be classified under
stocking costs
stock-out costs
costs of quality
shrinkage costs
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rikazzz
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Cost Accounting
An analysis and reporting of revenues earned, and the incurred costs to earn these revenues from customers is classified as
partial productivity analysis
treasury cost analysis
customer profitability analysis
customer cost analysis
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rikazzz
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Cost Accounting
An activity based costing hierarchy includes
batch level
output unit level
facility and product sustaining
all of above
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Cost Accounting
The segment of subunit of company, whose manager is responsible for specific set of instructions and activities perform is classified as
subunit center
instruction center
responsibility center
activity segment
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