MBA Cost Accounting MCQs - Chapter 14

Decision Making Process and Information Multiple Choice Questions PDF Download - 5

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Decision Making Process & Information Questions & Answers PDF Download: MCQ Quiz 5

MCQ 21: The type of outcomes that can be measured in numerical terms are classified as

qualitative factors
quantitative factors
expected factors
recorded factors

MCQ 22: The low level managers in organizations are to make decisions about

net income irrelevancy
operating income maximization
operating income minimization
operating income relevancy

MCQ 23: The second step in decision making process is

multi-collinearity information
quantitative information
qualitative analysis
obtaining information

MCQ 24: The costs that behaves as irrelevant costs in process of decision making are classified as

past costs
future costs
expected costs
sunk costs

MCQ 25: An amount of additional cost incurred for any particular activity is classified as

incremental cost
differential cost
dependent cost
independent cost

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