Top 80+ Solved Strategic Cost Accounting MCQ Questions Answer
Q. _________ Costing Also known as delayed costing,
a. Backflush
b. Conventional
c. Modern
d. Competitive
Q. Backflush costing is an accounting method that records costs after a good is sold or a service is ___________.
a. Initiated
b. Progressed
c. Completed
d. Planned
Q. TOC stands for _____________________.
a. Theory of Competition
b. Theory of Cost
c. Theory of Constraints
d. Theory of Complexity
Q. TQM stands for _____________________.
a. Total Quality Misrepresentation
b. Team Quality Manager
c. Total Quality Management
d. Theoretical Quality Management