Testování: Test/quiz: Direct vs. indirect costs

1/9
Direct costs are

1 or more correct answers are possible; however, select only one answer.
Maximum possible % gain: 11%

cost arising from external sources costs that cannot be influenced by certain decision costs directly and clearly identifiable with cost object (usually specific product or service) costs incurred by the company from direct suppliers

2/9
Which of the assertions is correct?

1 or more correct answers are possible; however, select only one answer.
Maximum possible % gain: 11%

Overheads shall never be higher than direct production costs. Overheads in some companies may be significantly higher than direct production costs.

3/9
Under IAS 2 – Inventory are among costs included the to value of the inventory covered

1 or more correct answers are possible; however, select only one answer.
Maximum possible % gain: 11%

only direct material costs only direct material and labor costs all direct costs and allocated part of variable production overheads all direct costs and allocated part of variable and fixed production overheads all costs, i.e. direct costs and production and non-production overheads

4/9
The latest trend is that the proportion of direct labor costs on total costs

1 or more correct answers are possible; however, select only one answer.
Maximum possible % gain: 11%

decrease increase

5/9
Indirect costs include

1 or more correct answers are possible; however, select only one answer.
Maximum possible % gain: 11%

indirect material and labor costs only only production overheads production and non-production overheads

6/9
Indirect labor costs always form part of non-production overheads. Is the assertion correct?

1 or more correct answers are possible; however, select only one answer.
Maximum possible % gain: 11%

yes no

7/9
Distribution overheads form part of non-production overheads. Is the assertion correct?

1 or more correct answers are possible; however, select only one answer.
Maximum possible % gain: 11%

yes no

8/9
Which of the following costs is not administrative overhead?

1 or more correct answers are possible; however, select only one answer.
Maximum possible % gain: 11%

salaries of management and accounting personnel travel expenses of sales representatives insurance of office buildings

9/9
Which cost type is usually marketing expenses?

1 or more correct answers are possible; however, select only one answer.
Maximum possible % gain: 11%

selling overheads administrative overheads distribution overheads direct labor costs

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Standard test/quiz no. 546: Testování: Test/quiz: Direct vs. indirect costs

1/9 Direct costs are

2/9 Which of the assertions is correct?

3/9 Under IAS 2 – Inventory are among costs included the to value of the inventory covered

4/9 The latest trend is that the proportion of direct labor costs on total costs

5/9 Indirect costs include

6/9 Indirect labor costs always form part of non-production overheads. Is the assertion correct?

7/9 Distribution overheads form part of non-production overheads. Is the assertion correct?

8/9 Which of the following costs is not administrative overhead?

9/9 Which cost type is usually marketing expenses?

1/9
Direct costs are

2/9
Which of the assertions is correct?

3/9
Under IAS 2 – Inventory are among costs included the to value of the inventory covered

4/9
The latest trend is that the proportion of direct labor costs on total costs

5/9
Indirect costs include

6/9
Indirect labor costs always form part of non-production overheads. Is the assertion correct?

7/9
Distribution overheads form part of non-production overheads. Is the assertion correct?

8/9
Which of the following costs is not administrative overhead?

9/9
Which cost type is usually marketing expenses?