Cost Concepts and Classification quizzes
68 quizzes by 51 users · Page 1 of 2
This GoConqr page gathers more than 60 quizzes on Cost Concepts and Classification, from job-order and process costing to cost-volume-profit analysis. Most resources are at university level, with material for professional candidates too; teachers can also find questions for class practice. Explore the list and choose a quiz that fits your topic.
Select topic
- Cost Elements and Product Costs25
- Operating and Start-up Costs8
- Direct and Indirect Costs and Cost Allocation23
- Cost Centres and Cost Coding5
- Cost Behavior and Estimation22
- Job and Process Costing35
- Activity-Based Costing and Management42
- Absorption and Variable Costing28
- Cost-Volume-Profit and Break-Even Analysis40
- Relevant Costs for Decision Making7
- Standard Costing and Variance Analysis18
- Budgeting8
- Cost Management and Target Costing13
Quizzes
-
10 questionsAdv Managerial Acct - Process Costing The Anthony Company uses the weighted-average method in its process costing system. The following informati...
-
187 questionsAccounting Final Exam Management accounting reports:
-
100 questionsAdvanced Cost Accounting - Final Exam Review Day-to-day decision making is most common to which of the following activities managers are expected to car...
-
86 questionsChapter 4 Pre-Test Job costing information is used:
-
99 questionsCh 4 - intro to cost accounting Unit-based product costing uses which of the following procedures?
-
56 questionsCost Management Implementer Identify three Landed Cost Management tasks.
-
100 questionsCh 3 - Intro to Cost Accounting If January production is expected to be 2,000 units requiring 3,000 direct labor hours, estimated manufactu...
-
100 questionsCh 1 - Study Guide - Intro to Cost Accouting In a company, engineers have redesigned production processes lowering production costs, shortening producti...
-
46 questionsGleim Test 2 To identify costs that relate to a specific product, an allocation base should be chosen that
-
68 questionsFinal Exam Quiz Questions What happens to total fixed costs as activity increases?
-
53 questionsB1- Operation Management Cost Measurement For purposes of allocating joint costs to joint products, the sales price at point of sale, reduced by cost...
-
19 questionsCosting techniques quiz The following statements have been made about activity‐based costing (ABC): (1) ABC is an alternative costi...
-
100 questionsACC 102 Final Review Product costs for a manufacturing company consists of direct materials, direct labor and overhead
-
86 questionsCost Accounting Final Exam Managerial Accounting reports to managers inside the organazation all of the following except?
-
34 questionsACCT 302A - CSUF - 2022 Distinguish direct costs from indirect costs.
-
35 questionsBus412 - 215 Practice Cost behavior refers to:
-
36 questionsCostMidterm An R-squared value that approaches one (1.0) would indicate:
-
9 questionsSU 10.3 If a high percentage of an entity’s total costs is fixed, the entity’s operating leverage will be
-
33 questionsAccounting Chapter 5&6 The contribution margin ratio is:
-
25 questionsAccounting ch 6 Under variable costing, variable production costs are not treated as production costs.
-
15 questionsMG6 Finance Ch.13 What are indirect costs?
-
5 questionsJob costing quiz
-
44 questionsUntitled Products, services, departments, and customers may be cost objects.
-
9 questionsCost Accounting Techniques At the end of the period the accounting entries for production overhead over obs would be?
-
20 questionsUntitled Debits to Work in Process Inventory are accompanied by a credit to all but which one of the following accou...
-
9 questionsCost final Cpt 17 Which of the following companies is most likely to use process costing?
-
10 questionsAdv Managerial Acct - Job-Order Costing Illini Company has the following estimated costs for next year: The company estimates that 16,000 direct la...
-
12 questionsChapter 1 & 2 Which of the following differentiates cost accounting and financial accounting?
-
16 questionsAccounting Brewer Chapter 6 The break-even point is that level of activity where:
-
10 questionsAdv Managerial Acct - Cost-Volume-Profit Redford, Inc. has provided the following data: If the dollar contribution margin per unit is increased by 1...
-
9 questionsCH9 Which of the following statements is correct?
-
8 questionsCost Final - Chapter 18
-
22 questionsACC 132 in a statement of cash flows, it changes in prepaid expenses would be classified as a noncash item that is ...
-
8 questionsClosed Book - Chapter 16 Products with a relatively low sales values are known as:
-
10 questionsCost- Ch 7 Management by exception is the practice of concentrating on areas not operating as anticipated (such as a c...
-
8 questionsCost Final Chapter 15
-
9 questionsChapter 2 Questions Product (or manufacturing) costs consist of:
-
6 questionsACCT 2013 - Concept 6 Cost accounting information can be used for
-
6 questionsChapter 3 closed book Which of the following is an assumption of CVP analysis?
-
10 questionsBADM 3030 - Chapter 8 Cost accounting enables managers of a manufacturing business to identify, measure and control...
More Cost Concepts and Classification resources
About cost concepts and classification quizzes
GoConqr OriginalCost Concepts and Classification quizzes
These community-made quizzes offer questions on product and period costs, fixed and variable costs, and cost-volume-profit analysis. They also include practice with job-order costing, process costing and activity-based costing.
Choose a starting point
For questions on cost categories, start with ACC 102 Final Review, which asks about product and period costs. If you want to focus on how costs change with output, try ACCTG Chap 3 Quiz. For a calculation-based question, Job costing quiz asks about a predetermined overhead rate.
Take a quiz, then return to the questions you found difficult and check the terms or calculations involved. If you need a broader view of a topic before trying again, switch to a mind map or notes on the unit page. You can also use flashcards to go over key terms between quizzes.
Pick a topic and try a question set.
Frequently asked questions
Which quiz should I start with?
Try ACC 102 Final Review if you want questions on product and period costs. For practice with fixed and variable costs, ACCTG Chap 3 Quiz is another starting point. Open either quiz and check whether its questions match the topic you are studying.
Do the quizzes include costing calculations?
Yes. Job costing quiz includes a question on a predetermined overhead rate using budgeted production and manufacturing overhead. Adv Managerial Acct - Process Costing includes a weighted-average process costing question. You can choose between them depending on which method you want to practice.
Are these quizzes free to use?
Yes. Every quiz listed here is free to open, study and take without an account. The quizzes were made by GoConqr users. A free account also lets you save your quiz scores and make your own quizzes, mind maps, flashcards and notes.
Who are these quizzes for?
Most of the resources are at university level, with some aimed at professional candidates. They offer practice on topics such as cost classification, job costing and cost-volume-profit analysis. Teachers can also browse the questions for material that fits their classes.