BBA Cost Accounting Certification MCQs – Practice Test 3 (Chapter 12)

Cost Management and Pricing Decisions Quiz with Answers PDF Download – Test 3

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Learn Cost Management and Pricing Decisions Quiz App (Android & iOS) with MCQ: "An insensitivity of demand in relevance to change in price will be called"; with answers: price elasticity, demand elasticity, price inelasticity, and demand inelasticity. Learn Flexible Budget: Cost Accounting Quiz Questions, download Google Book (Free Chapter) for online academic tools.

Cost Management & Pricing Decisions Quiz – Practice Test 3 PDF Download

MCQ 11: An insensitivity of demand in relevance to change in price will be called:

demand elasticity
price elasticity
price inelasticity
demand inelasticity

MCQ 12: An estimated cost per unit in long run, which enables the company to achieve it's per unit target, operating income is classified as:

target operating income per unit
target cost per unit
total current full cost
total cost per unit

MCQ 13: The concept, which states that resources are used to meet particular goals is:

cost incurrence
valued incurrence
locked incurrence
non valued incurrence

MCQ 14: The target price is subtracted from per unit target operating income to calculate:

total current full cost
total cost per unit
target operating income per unit
target cost per unit

MCQ 15: The selection of target price, understanding customer requirements, improving product designs and use of cross functional teams are considered as aspects of:

target pricing
target costing
value engineering
all of above

BBA Cost Accounting Quiz App & e-Book – Cost Management & Pricing Decisions Certification Guide

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