BBA Cost Accounting MCQs – Practice Test 10 (Chapter 11)

Cost Function and Behavior MCQ with Answers PDF Download – Test 10

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Cost Function & Behavior MCQ – Practice Test 10 PDF Download

MCQ 46: The fifth step in quantitative analysis of estimating cost function is to:

estimate cost function
estimate price function
estimate supply function
estimate demand function

MCQ 47: The lower level of production leads to:

higher setup cost
lower repair cost
higher setup cost
higher repair cost

MCQ 48: In plotting the cost functions, the number of machine hours and batches are represented on:

unit axis
term axis
x-axis
y-axis

MCQ 49: An error term, disturbance term or residual term is calculated as:

U=A-b
u=A-a
u=Y-y
u=X-x

MCQ 50: The cost function, in which the graph of total cost would not result in straight line is classified as:

nonlinear cost function
linear cost function
linear price function
nonlinear price function

BBA Cost Accounting Notes App & e-Book – Cost Function & Behavior Exam Prep

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