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Solve Cost Estimation Functions Multiple Choice Questions (MCQ), cost estimation functions quiz answers PDF worksheet, cost accounting practice test for online degree programs. Learn cost function and behavior Multiple Choice Questions and Answers (MCQs), "Cost Estimation Functions" quiz questions and answers for online business administration degree. Learn curves and nonlinear cost function, estimating cost function using quantitative analysis test prep for online degrees.

"The relationship based on unrelated level of activity and past data of cost is measured with the help of" Multiple Choice Questions (MCQ) on cost estimation functions with choices cost estimation, price estimation, unit estimation, and production estimation for online business administration degree. Practice cost estimation functions quiz questions for merit scholarship test and certificate programs for accredited online schools for business management. Cost Estimation Functions Video

MCQ: The relationship based on unrelated level of activity and past data of cost is measured with the help of

1. cost estimation
2. price estimation
3. unit estimation
4. production estimation

A

MCQ: The slope coefficient of cost function is zero because it intersects the

1. x-axis at one
2. y-axis at constant
3. x-axis at constant
4. y-axis at one

B

MCQ: In plotting the cost functions, the number of machine hours and batches are represented on

1. unit axis
2. term axis
3. x-axis
4. y-axis

D

MCQ: In estimation of cost functions, the variations in a single activity level represents the

1. related total costs
2. related fixed cost
3. related variable cost
4. related per unit cost

A

MCQ: The cost that has elements of variable and fixed costs at the same time is

1. variable cost
2. mixed cost
3. semi variable cost
4. Both B and C

D