1. Basic objectives of cost accounting is__________. A. tax compliance. B. financial audit. C. cost ascertainment. D. profit analysis. 2. Direct cost incurred can be identified with ________. A. each department. B. each unit of output. C. each month. D. each executive. 3. Overhead cost is the total of ____________. A. all indirect costs. B. all direct costs. C. indirect and direct costs. D. all specific costs. 4. Cost classification can be done in __________. A. two ways. B. three ways. C. four ways. D. several ways. 5. Costing refers to the techniques and processes of __________ . A. ascertainment of costs. B. allocation of costs. C. apportion of costs. D. distribution of costs. 6. Cost accounting was developed because of the ________. A. limitations of the financial accounting. B. limitations of the management accounting. C. limitations of the human resource accounting. D. limitations of the double entry accounting.