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BBA Cost Accounting MCQs (BBA Finance) From Textbook

BBA Cost Accounting MCQs – Practice Test 2 (Chapter 12)

Cost Management and Pricing Decisions MCQ with Answers PDF Download – Test 2

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Study Cost Management and Pricing Decisions Multiple Choice Questions (MCQ Quiz) with Answers PDF to improve revision accuracy. Download the Cost Management and Pricing Decisions MCQ PDF e-Book, Ch. 12-2 to learn BBA Cost Accounting Course. Solve Value Engineering, Insurance and Lock In Costs Multiple Choice Questions (MCQs), Cost Management and Pricing Decisions quiz with answers PDF for accounting coursework support. Download the Cost Management and Pricing Decisions Learning App: Free BBA Cost Accounting MCQ App to learn cost based pricing, product budgeting life cycle and costing, target costing and target pricing career test for cloud accounting systems.

Free Cost Management and Pricing Decisions Learning App Download (Android & iOS) with MCQ: "Costs that are planned in future and has not been incurred are known as"; with answers: locked-in costs, designed-in costs, and value added cost. Practice Information & Decision Process Quiz Questions, download Apple Book (Free Chapter) to improve revision accuracy.

Cost Management & Pricing Decisions MCQ – Practice Test 2 PDF Download

MCQ 6: The costs that are planned in future and has not been incurred are known as:

  1. designed-in costs
  2. locked-in costs
  3. value added cost
  4. both a and b

MCQ 7: The target annual operating income is divided with invested capital to calculate:

  1. target rate of return on investment
  2. operating income per unit
  3. operating cost per unit
  4. cost of goods sold

MCQ 8: A technique, which accumulates and tracks the costs of business function in value chain attributed to each market, offering from R&D to final customer support, is called:

  1. product life cycle
  2. life cycle budgeting
  3. life cycle costing
  4. target costing

MCQ 9: If the cost base is $350 and the markup component is 11% then prospective selling price will be:

  1. 388.5
  2. 350
  3. 362
  4. 368.5

MCQ 10: An estimated price, which is expected to be paid by customers for particular market offering is classified as:

  1. target price
  2. target cost
  3. outsource price
  4. off shore price

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