BBA: Finance Courses

Chapter 11: MBA Cost Accounting Exam Tests

MBA Cost Accounting MCQs - Chapter 11

Cost Function and Behavior Quiz Questions and Answers PDF - 27

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Cost Function & Behavior Questions & Answers PDF Download: MCQ Quiz 27

MCQ 131: The first step in estimation of cost function by using quantitative analysis is to

A) choose price estimation method
B) choose dependent variable
C) choose independent variable
D) choose revenue estimation method

MCQ 132: If an unexplained variation is 350050 and the total variation is 700505, then coefficient of determination would be

A) 3
B) 0.5003
C) 0.7003
D) 2

MCQ 133: Considering the relationship of variables, the relationship in which the activity cost is included in the dependent variable, which has similar cost driver is classified as

A) heterogeneous relationship
B) extreme relationship
C) no homogeneous relationship
D) homogeneous relationship

MCQ 134: The method which considers the lowest and highest values of cost driver and cost within relevant range is called

A) low high method
B) constant equation
C) variable equation
D) high low method

MCQ 135: The vertical dashed line in graphical representation of cost function represents the

A) cost representation
B) irrelevant range
C) relevant range
D) graphical representation

Cost Function & Behavior Learning App & Free Study Apps

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Cost Function & Behavior App (Android & iOS)

Cost Function & Behavior App (Android & iOS)

Cost Accounting App (Android & iOS)

Cost Accounting App (Android & iOS)

Marketing Management App (Android & iOS)

Marketing Management App (Android & iOS)

Financial Management App (Android & iOS)

Financial Management App (Android & iOS)