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Cost Management and Pricing Decisions MCQ Questions and Answers PDF Download

Cost Management and Pricing Decisions Multiple Choice Questions and Answers (MCQs), cost management and pricing decisions MCQs with answers PDF to practice cost accounting test 1 for online college programs. Learn cost based pricing MCQs, "Cost Management and Pricing Decisions" quiz questions and answers for admission and merit scholarships test. Learn cost based pricing, product budgeting life cycle and costing, value engineering, insurance and lock in costs career test for online BBA business administration.

"The pricing method used by services companies, such as home repair services, architectural firms and automobile repair services is known as" Multiple Choice Questions (MCQ) on cost management and pricing decisions with choices life cycle budgeting method, product life cycle method, life cycle costing method, and time and material method for online bachelor degree programs in business administration. Practice jobs' assessment test, online learning cost based pricing quiz questions for online college courses for business management. Cost Based Pricing Video

MCQs on Cost Management & Pricing Decisions Quiz PDF Download

MCQ: The pricing method used by services companies, such as home repair services, architectural firms and automobile repair services is known as

  1. product life cycle method
  2. life cycle budgeting method
  3. life cycle costing method
  4. time and material method

D

MCQ: The practice by seller, about offering same product at different prices, to the different customers is known as

  1. price incurrence
  2. price discrimination
  3. price targeting
  4. price engineering

B

MCQ: The total cost incur by customer to use, acquire, maintain and dispose service or product is classified as

  1. budgeted life cycle
  2. targeted life cycle
  3. customer life cycle
  4. operating life cycle

C

MCQ: If cost is eliminated, then reducing the perceived usefulness that customers can obtain by using the market offering will come under

  1. designed-in costs
  2. locked-in costs
  3. value added cost
  4. non-value added cost

C

MCQ: If total production is 25000 units and target annual operating income is $300000, then target operating income per unit would be

  1. $15
  2. $12
  3. $16
  4. $18

B

Cost Accounting MCQs: Multiple Choice Questions and Answers (Quiz & Tests with Answer Keys)