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MCQs

Total Questions : 146 | Page 12 of 15 pages
Question 111. In a relevant range, the variable cost per unit, selling price and total fixed costs are
  1.    unknown and variable
  2.    known and variable
  3.    unknown and constant
  4.    known and constant
 Discuss Question
Answer: Option D. -> known and constant
Answer: (d).known and constant
Question 112. The financial factors measured in numerical terms, having some monetary value are considered 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 113. An example of qualitative factor is
  1.    employee morale
  2.    cost of materials
  3.    cost of workers
  4.    cost of marketing
 Discuss Question
Answer: Option A. -> employee morale
Answer: (a).employee morale
Question 114. The costs such as book value of old machines are $25000 can be a classified as an example of
  1.    salvages
  2.    relevant
  3.    irrelevant
  4.    depreciated cost
 Discuss Question
Answer: Option C. -> irrelevant
Answer: (c).irrelevant
Question 115. The forgone contribution of resources, into the revenues because of not using the resources, in next best use is classified as
  1.    in-source cost
  2.    opportunity cost
  3.    offshore cost
  4.    outsource cost
 Discuss Question
Answer: Option B. -> opportunity cost
Answer: (b).opportunity cost
Question 116. The difference of cost, which occurs while considering the alternatives can be classified as
  1.    dependent cost
  2.    independent cost
  3.    incremental cost
  4.    differential cost
 Discuss Question
Answer: Option D. -> differential cost
Answer: (d).differential cost
Question 117. The fourth step in decision making process is
  1.    linear correlation
  2.    making decisions
  3.    implement decisions
  4.    evaluate performance
 Discuss Question
Answer: Option B. -> making decisions
Answer: (b).making decisions
Question 118. The type of outcomes, which can never be measured in numerical terms in books of accounts are classified as
  1.    expected factors
  2.    recorded factors
  3.    qualitative factors
  4.    quantitative factors
 Discuss Question
Answer: Option C. -> qualitative factors
Answer: (c).qualitative factors
Question 119. The formal method of making choices, considering help of quantitative and qualitative analysis is classified as
  1.    quantitative analysis
  2.    decision method
  3.    qualitative method
  4.    linearity method
 Discuss Question
Answer: Option B. -> decision method
Answer: (b).decision method
Question 120. The decisions made by company, which products to manufacture and sell and in what quantities, of many product lines are called
  1.    incremental decisions
  2.    outsource decisions
  3.    product mix decisions
  4.    in-source decisions
 Discuss Question
Answer: Option C. -> product mix decisions
Answer: (c).product mix decisions

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