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

Practice BBA cost accounting test 1 with MCQ on cost based pricing online for learning. Practice cost management and pricing decisions multiple choice questions (MCQ) on cost based pricing, product budgeting life cycle and costing, value engineering, insurance and lock in costs,. Free study guide has answering options 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

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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