Types of Costs Multiple Choice Questions with Answers – PDF Download

MCQ 1: The products that consists of activities and benefits offered for sale are called:

1. product membership in category
2. services
3. market segmentation
4. pricing of product

MCQ 2: The paints, nails and brooms are classic examples of:

1. unsought specialty products
2. business services
3. accessory equipment
4. business advisory services

MCQ 3: The supplies such as lubricants, coal, paper and pencils are best classified as:

1. operating supplies
2. repair and maintenance supplies
3. business advisory services
4. consumer specialty products

MCQ 4: The product quality level is considered as part of:

1. actual product
2. augmented product
3. de-augmented product
4. customer value

MCQ 5: The category of products that come with warranty offered at the time of product buying and expires at some specific date is an example of:

1. augmented product
2. actual product
3. actual ownership
4. tangible products