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Nonlinearity Cost Functions Quiz Questions 127 Tests pdf Download

Learn quiz on nonlinearity cost functions, cost accounting quiz 127 to practice. Free accounting MCQs questions and answers to learn 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 questions as within relevant range, cost function in which cost does not change in narrow ranges of activity is classified as, answer key with choices as fixed cost function, variable cost function, step variable cost function and step fixed cost function to test study skills. For eLearning, study online cost function and behavior multiple choice questions based quiz questions and answers.

Quiz on Nonlinearity Cost Functions Quiz pdf Download 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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