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Subject - Accounting:

Cost and Management Accounting

MCQ - 222-224

Question:

If overtime is resorted to at the desire of the customer, then the overtime premium:

  1. should be charged to costing profit and loss account;
  2. should not be charged at all
  3. should be charged to the job directly
  4. should not be charged at all

Correct Answer: C

Explanation:

Not Required

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Record Performance

355 MCQ for effective preparation of the test of Cost and Management Accounting of Accounting section.

Read the MCQ statement: If overtime is resorted to at the desire of the customer, then the overtime premium: , keenly and apply the method you have learn through the video lessons for Cost and Management Accounting to give the answer. Record your answer and check its correct answer and video explanation for MCQ No. 222-224.

How to Answer

Solve the question for MCQ No. and decide which option (A through D/E) is the best choice to answer the MCQ, then click/tap the blue button to view the correct answer and it explanation.

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