Cost Estimation Functions MCQs Quiz Online PDF Download

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MCQs on Cost Estimation FunctionsQuiz PDF Download

MCQ: Relationship based on unrelated level of activity and past data of cost is measured with help of

  1. cost estimation
  2. price estimation
  3. unit estimation
  4. production estimation

A

MCQ: Slope coefficient of cost function is zero because it intersects the

  1. x-axis at one
  2. y-axis at constant
  3. x-axis at constant
  4. y-axis at one

B

MCQ: In plotting cost functions, number of machine hours and batches are represented on

  1. unit axis
  2. term axis
  3. x-axis
  4. y-axis

D

MCQ: In estimation of cost functions, variations in a single activity level represents the

  1. related total costs
  2. related fixed cost
  3. related variable cost
  4. related per unit cost

A

MCQ: Cost that has elements of variable and fixed costs at same time is

  1. variable cost
  2. mixed cost
  3. semi variable cost
  4. Both B and C

D