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Free BA2 Exam Braindumps (page: 26)

Page 26 of 99
PDF with 392 Questions

Overtime worked as a result of a rush order at the customers request should be classified as a:

  1. Direct expense
  2. Direct labour cost
  3. Production overhead cost
  4. Administration overhead cost

Answer(s): B



Which of the following is the correct definition is an annuity:

  1. A chain of regular cash flows up to a certain period of time.
  2. A series of cash outflows which goes on forever.
  3. A set of regular payments of increasing value.

Answer(s): A



In a manufacturing company which produces a range of products, the cost of factory rent and rates would be classified as A.

  1. Direct expense
  2. Direct material cost
  3. Indirect material cost
  4. Indirect expense

Answer(s): D



A company uses an integrated accounting system.

The accounting entries for an issue of indirect materials to production would be:

  1. Debit: Work in progress control account Credit: Raw material control account
  2. Debit: Production overhead control accountCredit: Raw material control account
  3. Debit: Finished goods control account Credit: Raw material control account
  4. Debit: Raw material control account Credit: Work in progress control account

Answer(s): B



Page 26 of 99



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@MaBlerh commented on June 02, 2024
Good exam simulation questions
Anonymous
upvote