Cost Estimation Methods Questions and Answers PDF Download eBook
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"The cost analysis method, which uses mathematical method to use fit between past data observations and cost functions is termed as", cost estimation methods Multiple Choice Questions (MCQ) with choices qualitative analysis method, quantitative analysis method, account analysis method, and conference analysis method for online accounting masters programs. Learn cost function and behavior questions and answers to improve problem solving skills for BA in business administration. Cost Estimation Methods Video
Trivia Quiz on Cost Estimation Methods PDF Download eBook
MCQ: The cost analysis method, which uses mathematical method to use fit between past data observations and cost functions is termed as
- quantitative analysis method
- qualitative analysis method
- account analysis method
- conference analysis method
A
MCQ: Buying of goods or services from suppliers or vendors of some other country instead of local supplier is classified as
- outsourcing
- insourcing
- idle sourcing
- sunk sourcing
A
MCQ: The division of all the costs related to customers on the basis of different cost allocation bases or cost drivers are called
- customer cost hierarchy
- customer profitability hierarchy
- treasury costing hierarchy
- partial costing hierarchy
A
MCQ: An approach which is used to manage unused capacity is
- reengineering
- downsizing
- upgrading
- none of above
B
MCQ: The third step in estimation of cost function, by using quantitative analysis is collection of data for
- cost and cost object
- price and cost driver
- dependent variable and cost driver
- independent variable and cost driver
C