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Cost accounting practice test MCQ: model which states decline in extra time needed to produce last unit, every time for cumulative quantity of doubled units produced is classified as with options incremental unit average model, incremental cost learning model, incremental unit time learning model and incremental price learning model for distance education for online masters degree and bachelor's degree distance learning exams. Free study guide is for online learning curves and nonlinear cost function quiz questions with MCQs to practice test questions with answers for colleges and universities' graduate fellowship competitive exam preparation. Curves and Nonlinear Cost Function Video

MCQ: Model which states decline in extra time needed to produce last unit, every time for cumulative quantity of doubled units produced is classified as

1. incremental unit average model
2. incremental cost learning model
3. incremental unit time learning model
4. incremental price learning model

C

MCQ: A concept used to define learning curve in broader application is called

1. discrete curve
2. fixed curve
3. mixed curve
4. experience curve

D

MCQ: As compared to cumulative average-time learning model, learning model which predicts more cumulative total time to produce more units is known as

1. incremental unit time learning model
2. incremental price learning model
3. incremental unit average model
4. incremental cost learning model

A

MCQ: Model, in which produced unit doubles every time as cumulative average time per unit decreases, by a constant percentage can be classified as

1. cumulative average time learning model
2. cumulative mean learning model
3. cumulative weighted learning model
4. cumulative average pricing model

A

MCQ: Function which is used to measure decline in per unit cost of different business functions is classified as

1. mixed curve
2. experience curve
3. discrete curve
4. fixed curve

B