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Total Questions : 146 | Page 1 of 15 pages
Question 1. If the contribution margin per unit is $500 and the contribution margin percentage is 25%, then the selling price will be
  1.    $2,000
  2.    $5,250
  3.    $4,280
  4.    $3,860
 Discuss Question
Answer: Option A. -> $2,000
Answer: (a).$2,000
Question 2. The factor, which is largely considered in making or buying decisions is
  1.    quality of suppliers
  2.    dependability of suppliers
  3.    production irrelevancy
  4.    both a and b
 Discuss Question
Answer: Option D. -> both a and b
Answer: (d).both a and b
Question 3. The kind of costs that has been occurred in past are also known as
  1.    unrecorded costs
  2.    recorded costs
  3.    sunk costs
  4.    bunked costs
 Discuss Question
Answer: Option C. -> sunk costs
Answer: (c).sunk costs
Question 4. If the contribution margin percentage is 20% and the selling price is $4000, then contribution margin per unit will be
  1.    $200
  2.    $400
  3.    $600
  4.    $800
 Discuss Question
Answer: Option D. -> $800
Answer: (d).$800
Question 5. The third step in decision making process is
  1.    linear predictions
  2.    dependent predictions
  3.    making predictions
  4.    independent predictions
 Discuss Question
Answer: Option C. -> making predictions
Answer: (c).making predictions
Question 6. The cost such as dispose value of an old machine is $6000 is classified as
  1.    irrelevant
  2.    depreciated cost
  3.    salvages
  4.    relevant
 Discuss Question
Answer: Option D. -> relevant
Answer: (d).relevant
Question 7. The costs which are related to different functions of the value chain of company, such as marketing and manufacturing costs are considered as
  1.    value costs
  2.    future function costs
  3.    business function costs
  4.    sunk function costs
 Discuss Question
Answer: Option C. -> business function costs
Answer: (c).business function costs
Question 8. The type of outcomes that can be measured in numerical terms are classified as
  1.    qualitative factors
  2.    quantitative factors
  3.    expected factors
  4.    recorded factors
 Discuss Question
Answer: Option B. -> quantitative factors
Answer: (b).quantitative factors
Question 9. The second step in decision making process is
  1.    multi-collinearity information
  2.    quantitative information
  3.    qualitative analysis
  4.    obtaining information
 Discuss Question
Answer: Option D. -> obtaining information
Answer: (d).obtaining information
Question 10. The low level managers in organizations are to make decisions about
  1.    net income irrelevancy
  2.    operating income maximization
  3.    operating income minimization
  4.    operating income relevancy
 Discuss Question
Answer: Option B. -> operating income maximization
Answer: (b).operating income maximization

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