MGT402(cost and management accounting) quiz


Which of the following is sales force payroll incentive?

Select correct option:

Commission
Shift allowance
Over time payment
Bonus


Quiz Start Time: 03:59 PM Time Left 57
sec(s)


Question # 3 of 15 ( Start time: 04:01:08 PM ) Total Marks: 1
Store incharge after receiving the material as per the goods received note, places the material at its location and makes an entry in_________ .
Select correct option:

Bin Card
Store Ledger Card
Stock Ledger
None of the given options




Quiz Start Time: 03:59 PM Time Left 59
sec(s)


Question # 4 of 15 ( Start time: 04:01:54 PM ) Total Marks: 1
A method by which the good used are priced out at average cost is known as:
Select correct option:

BCVO
AVCO
c.FIFO
LIFO



Quiz Start Time: 03:59 PM Time Left 63
sec(s)


Question # 5 of 15 ( Start time: 04:03:05 PM ) Total Marks: 1
If, Sales = Rs. 800,000 appli Markup = 25% of cost What would be the value of Gross profit?
Select correct option:

Rs. 200,000
Rs. 160,000
Rs. 480,000
Rs. 640,000




Quiz Start Time: 03:59 PM Time Left 76
sec(s)


Question # 6 of 15 ( Start time: 04:03:43 PM ) Total Marks: 1
Which of the following cost is used in the calculation of cost per unit?
Select correct option:

Total production cost
Cost of goods available for sales
Cost of goods manufactured
Cost of goods Sold




Quiz Start Time: 03:59 PM Time Left 24
sec(s)


Question # 7 of 15 ( Start time: 04:04:30 PM ) Total Marks: 1
Overtime that is necessary in order to fulfill customer orders is called:
Select correct option:

Avoidable overtime
Unavoidable overtime
Premium Overtime
Flex time



Quiz Start Time: 03:59 PM Time Left 74
sec(s)


Question # 8 of 15 ( Start time: 04:05:52 PM ) Total Marks: 1
Gross pay less deductions represents all except:
Select correct option:

Net pay
Take home pay
Total pay
Other income