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Breakeven Point & Target Income Quiz Questions and Answers 204 PDF Download

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Quiz on Breakeven Point & Target Income Worksheet 204Quiz PDF Download

Breakeven Point & Target Income Quiz

MCQ: If fixed cost is $30000 and contribution margin per unit is $600 per unit, then breakeven in units will be

  1. 50 units
  2. 60 units
  3. 70 units
  4. 65 units

A

Regression Line Quiz

MCQ: Relationship between cost and cost driver is economically plausible if goodness of fit

  1. has meaning
  2. has no meaning
  3. has index values
  4. has no index values

A

Cost Analysis Quiz

MCQ: An overtime is considered in cost accounting as

  1. indirect costs
  2. overhead costs
  3. premium costs
  4. both a and b

D

Accrual Accounting Rate of Return Method Quiz

MCQ: Working capital cash outflow, cash outflow to buy machine and cash inflow from machine are examples of

  1. cash flow from operations
  2. terminal disposal of investment
  3. net initial investment
  4. average return on investment

C

Independent Variables Quiz

MCQ: Situation in which two or more independent variables are highly correlated is known as

  1. price linearity
  2. cost linearity
  3. division linearity
  4. multi-collinearity

D