Bachelor Of Business Administration

Cost Accounting MCQs

BBA: Cost Accounting MCQs - Subtopic

Estimating Cost Functions MCQ with Answers

Estimating Cost Functions Multiple Choice Questions (MCQ) to practice estimating cost functions quiz answers PDF, cost accounting worksheets for online degrees. Solve cost function and behavior Multiple Choice Questions and Answers (MCQs), "Estimating Cost Functions" quiz questions and answers for accredited online business administration degree. Learn estimating cost function using quantitative analysis, regression analysis, regression line test prep for business management classes online.

"The range in which relationship exists between level of activity or total cost is called" Multiple Choice Questions (MCQ) on estimating cost functions with choices functional range, relevant range, unit range, and related range for accredited online business administration degree. Solve estimating cost functions quiz questions for merit scholarship test and certificate programs for accredited online business management degree.

MCQs on Estimating Cost Functions

1.

The range in which relationship exists between level of activity or total cost is called

functional range
relevant range
unit range
related range

2.

A helpful technique, for accurate forecasts about costs to be incurred in future is a part of

unit estimation
production estimation
cost estimation
price estimation

3.

The component of total cost, which never changes with change in level of production is classified as

fixed cost
constant
variable
both a and b

4.

The description in mathematical form to represent changes in cost, with level of activity related to that cost is classified as

cost function
revenue function
unit function
relative function

5.

An amount by which the total cost changes with respect to the change in level of activity is classified as

activity coefficient
cost coefficient
change coefficient
slope coefficient