Value Engineering, Insurance and Lock In Costs MCQs & Quiz Online PDF Book Download

Value engineering, insurance and lock in costs MCQs, value engineering, insurance and lock in costs quiz answers to learn accounting courses online. Cost management and pricing decisions multiple choice questions (MCQs), value engineering, insurance and lock in costs quiz questions and answers for bachelors degree in finance. Target costing and target pricing, product budgeting life cycle and costing, pricing strategies, value engineering, insurance and lock in costs test prep for finance certifications.

Learn cost management and pricing decisions test MCQs: if cost is eliminated, then reducing perceived usefulness that customers can obtain by using market offering will come under, with choices designed-in costs, locked-in costs, value added cost, and non-value added cost for bachelors degree in finance. Practice assessment test for scholarships, online learning value engineering, insurance and lock in costs quiz questions for competitive assessment in business majors for accounting certifications. Value Engineering, Insurance and Lock In Costs Video

MCQ on Value Engineering, Insurance and Lock In CostsQuiz Book Download

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: Costs that are planned in future and has not been incurred are known as

  1. designed-in costs
  2. locked-in costs
  3. value added cost
  4. both a and b

A

MCQ: Concept, which states that resources are used to meet particular goals is

  1. cost incurrence
  2. valued incurrence
  3. locked incurrence
  4. non valued incurrence

A

MCQ: Selection of target price, understanding customer requirements, improving product designs and use of cross functional teams are considered as aspects of

  1. target pricing
  2. target costing
  3. value engineering
  4. all of above

D

MCQ: Kind of cost which on elimination, would not reduce perceived usefulness that customers can obtain by using market offering is known as

  1. designed-in costs
  2. locked-in costs
  3. value added cost
  4. non-value added cost

D