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MCQs

Total Questions : 146 | Page 13 of 15 pages
Question 121. The production of goods or services that can be bought from outside suppliers is classified as
  1.    idle sourcing
  2.    sunk sourcing
  3.    outsourcing
  4.    in-sourcing
 Discuss Question
Answer: Option D. -> in-sourcing
Answer: (d).in-sourcing
Question 122. In relevance concepts, the relevant revenues are also termed as
  1.    parallel revenues
  2.    abnormal revenues
  3.    expected future revenues
  4.    serial revenues
 Discuss Question
Answer: Option C. -> expected future revenues
Answer: (c).expected future revenues
Question 123. The first step in decision making process is to
  1.    identify the problem
  2.    identify the linear variable
  3.    identify the certainty
  4.    identify the multiplier
 Discuss Question
Answer: Option A. -> identify the problem
Answer: (a).identify the problem
Question 124. The cost of new machine is considered as
  1.    relevant
  2.    bunk
  3.    dispose value
  4.    sunk
 Discuss Question
Answer: Option A. -> relevant
Answer: (a).relevant
Question 125. In broader categories, the outcomes of decisions are classified as
  1.    sunk factors
  2.    quantitative factors
  3.    qualitative factors
  4.    both b and c
 Discuss Question
Answer: Option D. -> both b and c
Answer: (d).both b and c
Question 126. Buying of goods or services from suppliers or vendors of some other country instead of local supplier is classified as
  1.    outsourcing
  2.    insourcing
  3.    idle sourcing
  4.    sunk sourcing
 Discuss Question
Answer: Option A. -> outsourcing
Answer: (a).outsourcing
Question 127. An investment of money in idle inventory, in place of investing the same amount of money somewhere else is an example of
  1.    offshore cost
  2.    outsource cost
  3.    in-source cost
  4.    opportunity cost
 Discuss Question
Answer: Option D. -> opportunity cost
Answer: (d).opportunity cost
Question 128. The first ranked product, in incremental revenue allocation method, is classified as
  1.    primary product
  2.    First incremental product
  3.    Second incremental product
  4.    Third incremental product
 Discuss Question
Answer: Option A. -> primary product
Answer: (a).primary product
Question 129. The book value of existing equipment is a historical cost and not necessary for deciding equipment replacement, thus it can be considered as
  1.    operating cost
  2.    sunk cost
  3.    in-house cost
  4.    out-house cost
 Discuss Question
Answer: Option B. -> sunk cost
Answer: (b).sunk cost
Question 130. The method which ranks cost object incurred by individual users, in ranking order of more responsible users is classified as
  1.    bundled products allocation method
  2.    variable cost allocation method
  3.    stand-alone cost allocation method
  4.    incremental cost allocation method
 Discuss Question
Answer: Option D. -> incremental cost allocation method
Answer: (d).incremental cost allocation method

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