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Cost Estimation Functions Multiple Choice Questions with Answers – PDF Download

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Free "Cost Estimation Functions" App Download [Free] with MCQ: Relationship based on unrelated level of activity and past data of cost is measured with the help of; with answers: cost estimation, price estimation, unit estimation, and production estimation for accounting degree studies. Practice Cost Estimation Functions Quiz Questions, download Google e-Book (Free Chapter) for digital academic learning.

Cost Estimation Functions MCQs PDF Download – Prep Test

MCQ 1: 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

MCQ 2: 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

MCQ 3: 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

MCQ 4: 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

MCQ 5: 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

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