MBA Cost Accounting Practice Tests

MBA Cost Accounting Online Tests

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The MCQ: *A helpful technique, for accurate forecasts about costs to be incurred in future is a part of;* "Estimating Cost Functions" App Download (Free) with answers: Unit estimation; Production estimation; Cost estimation; Price estimation; to learn online MBA accounting courses. Practice Estimating Cost Functions Quiz Questions, download Google eBook (Free Sample) for accredited online business management degree.

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

- functional range
- relevant range
- unit range
- related range

b

*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

c

*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

a

*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

a

*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

d

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