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Cost Management and Pricing Decisions Multiple Choice Questions 1 PDF Download

Learn cost management and pricing decisions multiple choice questions (MCQs), cost accounting test 1 for online course prep exams. Practice cost based pricing MCQs questions and answers on cost based pricing, product budgeting life cycle and costing, value engineering, insurance and lock in costs test for online masters in finance courses distance learning.

Free cost management and pricing decisions quiz online, study guide has multiple choice question: pricing method used by services companies, such as home repair services, architectural firms and automobile repair services is known as with choices life cycle budgeting method, product life cycle method, life cycle costing method and time and material method with online teacher help resources with study tests for teaching jobs and teaching strategies. Study to learn cost based pricing quiz questions with online learning MCQs for competitive exam preparation test. Cost Based Pricing Video

MCQ on Cost Management and Pricing Decisions Test 1 Quiz PDF Download

MCQ. Pricing method used by services companies, such as home repair services, architectural firms and automobile repair services is known as

  1. product life cycle method
  2. life cycle budgeting method
  3. life cycle costing method
  4. time and material method

D

MCQ. Practice by seller, about offering same product at different prices, to different customers is known as

  1. price incurrence
  2. price discrimination
  3. price targeting
  4. price engineering

B

MCQ. Total cost incur by customer to use, acquire, maintain and dispose service or product is classified as

  1. budgeted life cycle
  2. targeted life cycle
  3. customer life cycle
  4. operating life cycle

C

MCQ. If cost is eliminated, then reducing perceived usefulness that customers can obtain by using market offering will come under

  1. designed-in costs
  2. locked-in costs
  3. value added cost
  4. non-value added cost

C

MCQ. If total production is 25000 units and target annual operating income is $300000, then target operating income per unit would be

  1. $15
  2. $12
  3. $16
  4. $18

B