PRACTICE QUIZ 1. Differences between a job order cost system and a process cost system include all of the following except the A. documents used to track costs. B. point at which costs are totaled. C. unit cost computations. D. flow of costs. 2. In process cost accounting, manufacturing costs are summarised on a A. job order cost sheet. B. process order cost sheet. C. production cost report. D. manufacturing cost sheet. 3. Often the most difficult part of computing accurate unit costs is determining the proper amount of _________ to assign to each product, service, or job. A. direct materials B. direct labor C. overhead D. direct materials and direct labor 4. Cost activity indexes might help classify costs as A. temporary. B. permanent. C. variable. D. transient. 5. When indirect materials are requisitioned the ________ account is increased. A) Manufacturing Overhead Control B) Work-in-Process Control C) Materials Control D) Accounts Payable Control 6. The collection of cost data in an organized way, such as in various categories such as materials, labor, and manufacturing overhead, is called: A) cost application B) cost accumulation C) cost assignment D) cost reporting 7. Which of the following statements about the direct/indirect cost classification is true? A) Indirect costs are always traced. B) Indirect costs are always allocated. C) The design of sales target affects the direct/indirect classification. D) The direct/indirect classification depends on th