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Cost Management and Pricing Decisions Multiple Choice Questions Test 1 Tests pdf Download

Practice BBA cost accounting test 1 on cost management and pricing decisions multiple choice questions online for learning. Practice cost based pricing MCQs questions and answers on cost based pricing, product budgeting life cycle and costing, value engineering, insurance and lock in costs with answers. Free cost management and pricing decisions revision notes has answer key with choices as life cycle budgeting method, product life cycle method, life cycle costing method and time and material method of multiple choice questions (MCQ) as pricing method uses by services companies such as home repair services, architectural firms and automobile repair services is classified as to test learning skills. Study to learn cost based pricing quiz questions to practice MCQ based online exam preparation test.

MCQ on Cost Management and Pricing Decisions Test 1 Quiz pdf Download

MCQ. Pricing method uses by services companies such as home repair services, architectural firms and automobile repair services is classified as

  1. product life cycle method
  2. life cycle budgeting method
  3. life cycle costing method
  4. time and material method

D

MCQ. Practice by seller of offering same product at different prices to different customers is classified as

  1. price incurrence
  2. price discrimination
  3. price targeting
  4. price engineering

B

MCQ. Total cost incur by customer to use, acquire, maintain and dispose service or product is classified as

  1. budgeted life cycle
  2. targeted life cycle
  3. customer life cycle
  4. operating life cycle

C

MCQ. If cost is eliminated, reduce perceived usefulness that customers can obtain by using market offering is classified as

  1. designed-in costs
  2. locked-in costs
  3. value added cost
  4. non-value added cost

C

MCQ. If total production is 25000 units and target annual operating income is $300000 then target operating income per unit would be

  1. $15
  2. $12
  3. $16
  4. $18

B

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