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Cost Management and Pricing Decisions Multiple Choice Questions and Answers 1 PDF Download

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

Study bachelor of business administration and masters in accounting degree courses, cost management and pricing decisions quiz, study guide has multiple choice question (MCQs): pricing method used by services companies, such as home repair services, architectural firms and automobile repair services is known as with options 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. Practice skills assessment test to learn online cost based pricing quiz questions with financial accounting MCQs for formative assessment of students with e-learning portal. Cost Based Pricing Video

MCQ on Cost Management and Pricing Decisions Test 1Quiz 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