MBA Cost Accounting MCQs - Chapter 12

Cost Management and Pricing Decisions Trivia Questions & Answers PDF Download - 4

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The Quiz: The kind of cost which on elimination, would not reduce the perceived usefulness that customers can obtain by using the market offering is known as; "Cost Management and Pricing Decisions" App APK Download with answers: Locked-in costs; Designed-in costs; Value added cost; Non-value added cost; for online BBA degree. Practice Period Costs Quiz Questions, download Kindle eBook (Free Sample) for online business management degrees.

Cost Management & Pricing Decisions Test Questions and Answers PDF Download: MCQ 4

MCQ 16:

The kind of cost which on elimination, would not reduce the perceived usefulness that customers can obtain by using the market offering is known as

designed-in costs
locked-in costs
value added cost
non-value added cost

MCQ 17:

The companies that perform in competitive markets using the pricing approach are known as

independent revenue approach
market based approach
dependent revenue approach
cost based approach

MCQ 18:

An income, which a company aims to earn by selling each unit of market offering is classified as

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

MCQ 19:

The systematic evaluation of value chain, to reduce costs and high quality, to achieve satisfied customers is known as

reverse engineering
value engineering
target engineering
operation engineering

MCQ 20:

The major approaches to make decisions about pricing include

market based
sunk cost
cost based
both a and c

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