aliensbrain
  • Home
  • Study
  • Quizzes
  • 🎤AI Practicefree
  • Notebooks
  • Community
  • Sign in
  • Cost Accounting Test
  • Directions: Choose the correct option and complete the se...
Multiple choice

Directions: Choose the correct option and complete the sentence.

Prime cost is also known as

  1. indirect cost

  2. direct cost

  3. variable cost

  4. fixed cost

  5. work cost

Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

Prime cost is the total of all direct costs. Therefore, it is often referred to as direct cost.

Keep practicing — related questions

  • Directions: Choose the correct option and complete the sentence. Prime cost - Direct expense - Direct labour =
  • Directions: Choose the correct option and complete the sentence. Direct material + Direct labour + _______ ...
  • Directions: Choose the correct option for the given question. Any expenditure over and above the prime cost is
  • Directions: Choose the correct option and complete the sentence. The cost which can be conveniently identif...
  • Fixed cost is also known as
  • Fixed cost is also known as
  • Directions: Choose the correct option for the given question. Works cost + Administration overhead =
  • Directions: Choose the correct option for the given question. The sum of direct materials and direct labour...
Play the full quiz 🎤 Practise this topic out loud
Advertisement
© Aliensbrain | all rights reserved
  • About
  • Contact
  • Terms and Condition
  • Privacy Policy