Practice cost function and behavior multiple choice questions (MCQs), cost accounting test 1 for online exams. Practice data collection and adjustment issues MCQs questions and answers on data collection and adjustment issues, nonlinearity and cost functions, estimating cost functions, cost estimation functions with answers. Free cost function and behavior quiz, online study guide has helping answer key with choices as not stationary, stationary, intrinsic and extrinsic of multiple choice questions as relationship between cost and cost drivers is to test learning skills for viva exam preparation and job's interview questions. Study to learn data collection and adjustment issues quiz questions with online learning MCQs for competitive exam preparation test. Data Collection and Adjustment Issues Video

## MCQ on Cost Function and Behavior Quiz PDF Download Test 1

MCQ. The relationship between cost and cost drivers is

1. stationary
2. not stationary
3. intrinsic
4. extrinsic

B

MCQ. The cost function, in which cost does not change with any change in level of activity is a part of

1. step price functions
2. step object functions
3. step constant functions
4. step cost functions

D

MCQ. The cost pattern, when production inputs are to be used in discrete functions, but the quantities are fractional, will be categorized as

1. continuously variable cost function
2. fixed cost function
3. mixed cost function
4. semi variable cost function

A

MCQ. The range, in which relationship exists between level of activity or total cost is called

1. functional range
2. relevant range
3. unit range
4. related range

B

MCQ. The relationship based on unrelated level of activity and past data of cost is measured with the help of

1. cost estimation
2. price estimation
3. unit estimation
4. production estimation

A