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Nonlinearity and Cost Functions Quizzes Online MCQs PDF Download eBook

Nonlinearity and Cost Functions quiz questions, nonlinearity and cost functions multiple choice questions and answers PDF 77 to learn accounting course for online certification. Practice Cost Function and Behavior quiz with answers, nonlinearity and cost functions Multiple Choice Questions (MCQ) for online accounting degree. Free nonlinearity and cost functions MCQs, internal controls accounting, estimating cost function using quantitative analysis, price and efficiency variance, independent variables, nonlinearity and cost functions test prep for online business university.

"The cost function, in which the graph of total cost would not result in straight line is classified as", nonlinearity and cost functions Multiple Choice Questions (MCQ) with choices linear cost function, nonlinear cost function, linear price function, and nonlinear price function for online accounting degree courses. Learn cost function and behavior questions and answers to improve problem solving skills for online business administration degree. Nonlinearity & Cost Functions Video

Nonlinearity & Cost Functions Questions and Answers PDF Download eBook

Nonlinearity and Cost Functions Quiz

MCQ: The cost function, in which the graph of total cost would not result in straight line is classified as

  1. nonlinear cost function
  2. linear cost function
  3. linear price function
  4. nonlinear price function

A

Independent Variables Quiz

MCQ: An assumption, which states that there must be linear relationship between independent variable and dependent variable is

  1. irrelevant range of linearity
  2. relevant range of linearity
  3. significant range
  4. insignificant range

B

Price and Efficiency Variance Quiz

MCQ: If the flexible budget variance is $95000 and an actual cost is $40000, then the flexible budget cost would be

  1. $135,000
  2. $45,000
  3. $50,000
  4. $55,000

D

Estimating Cost Function using Quantitative Analysis Quiz

MCQ: The vertical difference, which measures distance between estimated and actual cost for every single observation is classified as

  1. residual term
  2. positive term
  3. negative term
  4. squared term

A

Internal Controls Accounting Quiz

MCQ: The practice, which makes target more achievable by underestimating revenues or overestimating cost is called

  1. cost slack
  2. target slack
  3. budgetary slack
  4. revenue slack

C