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Nonlinearity Cost Functions Quiz Questions 127 pdf Download

Practice cost accounting MCQ test 127 to learn nonlinearity cost functions quiz online. Find questions to study bba cost accounting quiz on cost function and behavior. Practice MCQs to test knowledge on nonlinearity and cost functions, joint cost basics, accounting concepts, manufacturing, merchandising and service sector companies, concept of relevance,.

Free study guide has multiple choice quiz questions as within relevant range, cost function in which cost does not change in narrow ranges of activity is classified as with answering options fixed cost function, variable cost function, step variable cost function and step fixed cost function to test study skills. For e-learning, study online cost function and behavior multiple choice questions based quiz questions and answers.

Quiz on Nonlinearity Cost Functions - Worksheet 127

Nonlinearity and Cost Functions Quiz

MCQ. Within relevant range, cost function in which cost does not change in narrow ranges of activity is classified as

  1. fixed cost function.
  2. variable cost function.
  3. step variable cost function.
  4. step fixed cost function.

C

Joint Cost Basics Quiz

MCQ. Any output that has total positive sales is classified as

  1. joint product.
  2. main product.
  3. product.
  4. all of above.

D

Accounting Concepts Quiz

MCQ. Cash receipts is added in to beginning cash balance to calculate

  1. total goods manufactured.
  2. total cash available.
  3. total revenue.
  4. total goods sold.

B

Manufacturing, Merchandising and Service Sector Companies Quiz

MCQ. Companies in industry that purchase finished goods and further sell products into market are classified as

  1. service sector companies.
  2. raw material companies.
  3. manufacturing sector companies.
  4. merchandising sector companies.

D

Concept of Relevance Quiz

MCQ. Costs are related to different functions of value chain of company such as marketing and manufacturing costs are considered as

  1. value costs.
  2. future function costs.
  3. business function costs.
  4. sunk function costs.

C

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