McqMate
These multiple-choice questions (MCQs) are designed to enhance your knowledge and understanding in the following areas: Cost Accounting .
| 51. |
Which of the following is not a Relevant Cost? |
| A. | Replacement Cost |
| B. | Sunk Cost |
| C. | Marginal Cost |
| D. | Standard Cost |
| Answer» B. Sunk Cost | |
| 52. |
Direct Expenses are also known as |
| A. | Overhead Expenses |
| B. | Process Expenses |
| C. | Chargeable Expenses |
| D. | None of the above |
| Answer» C. Chargeable Expenses | |
| 53. |
Indirect material cost is a part of |
| A. | Prime Cost |
| B. | Factory Overhead |
| C. | Chargeable Expenses |
| D. | None of the above |
| Answer» B. Factory Overhead | |
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