The sum of all the resources used to generate income is classified as _____________?
Correct answer: C. investment
- A. DuPont investment
- B. return on investment
- C. investment
- D. investment turnoverCompare Investment Apps
Explanation
Investment represents the total resources employed to generate operating income, such as assets committed to the business. Return on investment is a ratio calculated from that investment, not the resources themselves.
Report an error
The more specific you are, the faster it gets fixed. A source beats an opinion.
Prefer email? support@testustad.com
About Cost Accounting
Cost accounting measures and analyses the cost of producing goods or providing services for planning, control and pricing decisions. It covers direct and indirect costs, fixed and variable costs, job and process costing, break-even analysis, marginal costing, overhead allocation, and the difference between product cost and period cost.
Practise Cost Accounting
941 free Cost Accounting MCQs from Accounting, each with the correct answer and an explanation. Unlimited attempts, no account needed.
Exams that ask Accounting questions like this
Accounting is on 2 papers prepared for on TestUstad, and all of them draw the same bank, so this question is worth knowing for every one of them.
More Cost Accounting questions
In an accounting measurement, income and investment is divided to calculate _________?
The after-tax average cost of the funds used by company in long run is equal to __________?
An economic value added method is specific type of method to calculate _____________?
The system in an organization that articulates the purpose, mission and core values of a company is classified as ____________?
If the operating income is $5650000 and the revenue is $68558000, then the return on sales will be ___________?
An operating income is divided by the revenues to calculate ______________?