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Cost Accounting
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Cost Accounting
Net Income before Interest and tax is also called:
Operating Income/Profit
Gross Profit
Marginal Income
Other Income
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rikazzz
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Cost Accounting
The rate of return to cover a risk of investment and decrease in purchasing power, as a result of inflation is known as
nominal rate of return
accrual accounting rate of return
real rate of return
required rate of return
Author:
rikazzz
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Cost Accounting
The significant feature of Kaizen Budgeting is
employee suggestion
customer suggestion
cost suggestion
price suggestion
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rikazzz
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Cost Accounting
If the input used in manufacturing is smaller in quantity and output produced is greater in quantity, this will be categorized under
lesser effective
greater efficiency
smaller efficiency
greater effective
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rikazzz
Comment
Cost Accounting
If the budgeted indirect cost arte is $115 and the budgeted cost allocation base is $830 per hour, then the annual indirect cost (budgeted) will be
$93,450
$94,560
$96,450
$95,450
Author:
rikazzz
Comment
Cost Accounting
The companies in the industry that purchase the finished goods, and further sell the products into the market are classified as
service sector companies
raw material companies
manufacturing sector companies
merchandising sector companies
Author:
rikazzz
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Cost Accounting
The dysfunctional decision making is also known as
dysfunctional decision making
congruent decision making
incongruent decision making
both a and c
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rikazzz
Comment
Cost Accounting
The package which consists of two or more products to be sold for single price, but components of products in package have separate stand-alone price is called
step down product
dual mix product
bundled product
reciprocal product
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rikazzz
Comment
Cost Accounting
________ is a summary of all functional budgets in a capsule form.
Functional budget
Master budget
Long Period budget
Flexible budget
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rikazzz
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Cost Accounting
In absorption costing, the managers may increase operating income by producing
more sales
more inventory units
less inventory units
less sales
Author:
rikazzz
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