Multiple Choice
Prime costs may be defined as
A) the total costs of manufacturing a product
B) the total direct costs of manufacturing a product
C) the cost of the first stage of manufacturing
D) the total cost of production
Correct Answer:
Verified
Correct Answer:
Verified
Q3: At Break even point contribution will be
Q4: Both costs and revenues are measured in
Q5: In responsibility accounting the organization is divided
Q6: A cost centre is a segment of
Q7: Responsibility accounting is used for ……………….<br>A)cost control<br>B)planning<br>C)decision
Q9: The performance of investment centre is based
Q10: Profit Volume ratio is the ratio of
Q11: An investment centre is a responsibility centre
Q12: A centre where the manager is responsible
Q13: Responsibility accounting aims to …………….<br>A)ensure that costs