This quiz works best with JavaScript enabled. Home > Accounting > International Accounting > International Accounting – Quiz 11 🏠 Homepage 📘 Download PDF Books 📕 Premium PDF Books International Accounting Quiz 11 (2 MCQs) Quiz Instructions Select an option to see the correct answer instantly. 1. In cost terminology, prime costs consist of A) Direct materials and variable factory overhead. B) Direct labor and indirect labor. C) Indirect labor and fixed factory overhead. D) Direct materials and direct labor. E) Direct labor, direct materials and variable factory overhead. Show Answer Correct Answer: D) Direct materials and direct labor. 2. In a production company the unit costs for raw materials and direct labor represent A) Conversion costs. B) Relevant costs. C) Committed costs. D) Prime costs. Show Answer Correct Answer: D) Prime costs. ← PreviousRelated QuizzesAccounting QuizzesInternational Accounting Quiz 1International Accounting Quiz 2International Accounting Quiz 3International Accounting Quiz 4International Accounting Quiz 5International Accounting Quiz 6International Accounting Quiz 7International Accounting Quiz 8International Accounting Quiz 9 🏠 Back to Homepage 📘 Download PDF Books 📕 Premium PDF Books