Learn Accounting Quiz, Notes & Technology Articles

Nonlinearity & Cost Functions Quiz Questions and Answers 127 PDF Download

Practice nonlinearity & cost functions quiz, cost accounting quiz 127 for online learning. Free accounting MCQs questions and answers to practice nonlinearity & cost functions MCQs with answers. Practice MCQs to test knowledge on nonlinearity and cost functions, joint cost basics, accounting concepts, manufacturing, merchandising and service sector companies, concept of relevance worksheets.

Free nonlinearity & cost functions worksheet has multiple choice quiz question as within relevant range, cost function which cost does not change in narrow ranges of activity is called, answer key with choices as fixed cost function, variable cost function, step variable cost function and step fixed cost function problem solving to test study skills. For online learning, viva help and jobs' interview preparation tips, study cost function & behavior multiple choice questions based quiz question and answers. Nonlinearity & Cost Functions Video

Quiz on Nonlinearity & Cost Functions Quiz PDF Download Worksheet 127

Nonlinearity and Cost Functions Quiz

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

  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 a

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

D

Accounting Concepts Quiz

MCQ. The 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. The companies in the industry that purchase the finished goods, and further sell the products into the 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. The costs which are related to different functions of the 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