Cost Function and Behavior Multiple Choice Questions Test 1 pdf Download
Practice BBA cost accounting test 1 with MCQ on data collection and adjustment issues online for learning. Practice cost function and behavior multiple choice questions (MCQ) on data collection and adjustment issues, nonlinearity and cost functions, estimating cost functions, cost estimation functions,. Free study guide has answering options not stationary, stationary, intrinsic and extrinsic of multiple choice questions (MCQ) as relationship between cost and cost drivers are to test learning skills. Study to learn data collection and adjustment issues quiz questions to practice MCQ based online exam preparation test.
MCQ on Cost Function and Behavior - Test 1
MCQ. Relationship between cost and cost drivers are
- not stationary.
MCQ. Cost function in which cost does not change with change in level of an activity is classified as
- step price functions.
- step object functions.
- step constant functions.
- step cost functions.
MCQ. Cost pattern occurs when production inputs are to be used in discrete functions but quantities are fractional is classified as
- continuously variable cost function.
- fixed cost function.
- mixed cost function.
- semi variable cost function.
MCQ. Range in which relationship exists between level of activity or total cost is classified as
- functional range.
- relevant range.
- unit range.
- related range.
MCQ. Relationship is based on unrelated level of activity and past data of cost is measured with help of
- cost estimation.
- price estimation.
- unit estimation.
- production estimation.