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Decision Making Process and Information Multiple Choice Questions and Answers 1 PDF Download

Decision making process and information multiple choice questions, learn MBA cost accounting online test prep 1 for MBA degree, online courses. Practice concept of relevance multiple choice questions (MCQs), decision making process and information quiz questions and answers. Learn concept of relevance, make versus buy decisions, decision making process, insourcing versus outsourcing career test prep for online accounting software courses distance learning.

Study decision making process and information career test with multiple choice questions, kind of costs that has been occurred in past are also known as, for online MBA programs with choices recorded costs, unrecorded costs, sunk costs, bunked costs for current students to get good grades in midterm and final exams with online distance learning resources. Practice skills assessment test for online learning concept of relevance quiz questions with financial accounting MCQs for competitive exam prep for higher education. Concept of Relevance Video

MCQ on Decision Making Process & Information Test 1Quiz PDF Download

MCQ: Kind of costs that has been occurred in past are also known as

  1. unrecorded costs
  2. recorded costs
  3. sunk costs
  4. bunked costs

C

MCQ: Factor, which is largely considered in making or buying decisions is

  1. quality of suppliers
  2. dependability of suppliers
  3. production irrelevancy
  4. both a and b

D

MCQ: third step in decision making process is

  1. linear predictions
  2. dependent predictions
  3. making predictions
  4. independent predictions

C

MCQ: As compared to irrelevant cost, occurrence of relevant costs must

  1. have high correlation
  2. be in future
  3. be in past
  4. be zero correlated

B

MCQ: Decisions made by team of individuals or single person, whether to outsource products or in-source are classified as

  1. demand or supply decisions
  2. make or buy decisions
  3. relevant or irrelevant decision
  4. idle or busy decisions

B