Professional Documents
Culture Documents
Department of Accounting & Finance: Quiz Number 01 Answer Sheet Section Bbait
Department of Accounting & Finance: Quiz Number 01 Answer Sheet Section Bbait
Department of Accounting & Finance: Quiz Number 01 Answer Sheet Section Bbait
Quiz Number 01
Answer Sheet
Section bbait(36)
Only write your answer here. You are not needed to write the question. Answer on other
page is not acceptable.
Question 01
Option Number Name of Cost
1. Direct material Clay is a raw material for manufacturing
of cement. and it is bought by cement
industry
2. Administrative expanse Salaries are given to the staff members
3. Direct labor Because direct labor is ages that incurred
in order to produce good and services to
customer
4. manufacturing overhead Manufacturing overhead is all indirect costs
incurred during the production process.
5.administrative expanse Administrative expenses are expenses an
organization incurs that are not directly tied to
a specific function such as manufacturing,
production or sales.
6. direct labor Wages given to the developer who develop
software
Page 1 of 7
INTERNATIONAL ISLAMIC UNIVERSITY ISLAMABAD
Faculty of Management Sciences
Department of Accounting & Finance
Question 2:
Evaluation of alternative while buying
Page 2 of 7
INTERNATIONAL ISLAMIC UNIVERSITY ISLAMABAD
Faculty of Management Sciences
Department of Accounting & Finance
Page 3 of 7
INTERNATIONAL ISLAMIC UNIVERSITY ISLAMABAD
Faculty of Management Sciences
Department of Accounting & Finance
Question 3:
Question 4:
Question Correct Option
No.
1 a
2 C
3 b
4 d
5 c
Page 4 of 7
INTERNATIONAL ISLAMIC UNIVERSITY ISLAMABAD
Faculty of Management Sciences
Department of Accounting & Finance
Question 5:
Match The column .
Page 5 of 7
INTERNATIONAL ISLAMIC UNIVERSITY ISLAMABAD
Faculty of Management Sciences
Department of Accounting & Finance
Page 6 of 7
INTERNATIONAL ISLAMIC UNIVERSITY ISLAMABAD
Faculty of Management Sciences
Department of Accounting & Finance
Page 7 of 7