Concept of Relevance MCQs Quiz Online PDF Download

Learn concept of relevance MCQs, online MBA cost accounting test for distance education, online accounting courses prep. Practice decision making process and information multiple choice questions (MCQs), concept of relevance quiz questions and answers. GMAT test prep on insourcing versus outsourcing, decision making process, make versus buy decisions, concept of relevance tutorials for online accounting software courses distance learning.

Study bachelors and masters in accounting degree MCQs: kind of costs that has been occurred in past are also known as, for online courses with choices unrecorded costs, recorded costs, sunk costs, bunked costs for current students to get good grades in midterm and final exams with online distance learning resources. Free skills assessment test is for online learn concept of relevance quiz questions with MCQs, exam preparation questions and answers for competitive exam prep for higher education. Concept of Relevance Video

MCQs on Concept of RelevanceQuiz 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