Concept of Relevance MCQs Quiz Online PDF Download

Learn concept of relevance MCQs, cost accounting test for online courses learning and test prep to practice. Decision making process and information quiz has multiple choice questions (MCQ), concept of relevance quiz questions and answers to learn for MBA entry test with solutions.

Cost accounting practice test MCQ on kind of costs that has been occurred in past are also known as with options unrecorded costs, recorded costs, sunk costs and bunked costs problem solving skills for viva, competitive exam prep, interview questions with answer key. Free study guide is for online learning concept of relevance quiz with MCQs to practice test questions with answers. Concept of Relevance Video

MCQs on Concept of Relevance Quiz PDF Download

MCQ. Kind of costs that has been occurred in past are also known as

  1. unrecorded costs
  2. recorded costs
  3. sunk costs
  4. bunked costs

C

MCQ. As compared to irrelevant cost, occurrence of relevant costs must

  1. have high correlation
  2. be in future
  3. be in past
  4. be zero correlated

B

MCQ. An example of quantitative factor is

  1. employee behavior at workplace
  2. employee satisfaction
  3. employee morale
  4. cost of materials

D

MCQ. relevant costs are classified in relevance concepts as

  1. expected future costs
  2. serial costs
  3. parallel costs
  4. abnormal costs

A

MCQ. Financial factors measured in numerical terms, having some monetary value are considered as

  1. qualitative factors
  2. quantitative factors
  3. expected factors
  4. recorded factors

B