Multiple Choice
A/an ________ cost is the cost incurred;and they are distinguished from a ________ cost;which is a predicted,forecasted,or future cost.
A) budget;object
B) actual;budgeted
C) accumulated;actual
D) budgeted;actual
E) cost object;actual
Correct Answer:

Verified
Correct Answer:
Verified
Q8: Accountants measure the cost of direct materials
Q9: Write a short essay and explain why
Q10: Budgeted costs are also known as predicted
Q11: Which of the following statements about the
Q12: The predicted,or forecasted costs,are:<br>A)actual costs.<br>B)budgeted costs.<br>C)cost object.<br>D)cost
Q14: Managers achieve clarity about direct labor costs
Q15: The cost incurred is:<br>A)actual costs.<br>B)budgeted costs.<br>C)cost object.<br>D)cost
Q16: Write a short essay and discuss whether
Q17: In government contracts,product costs include:<br>A)manufacturing costs only.<br>B)design
Q18: Budgeted costs include:<br>A)the costs incurred this year.<br>B)the