BBA Cost Accounting Competitive Exam MCQs – Practice Test 5 (Chapter 12)

Cost Management and Pricing Decisions MCQs with Answers PDF Download – Test 5

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Cost Management & Pricing Decisions MCQs – Practice Test 5 PDF Download

MCQ 21: The practice of seller to charge higher price for same market offering is classified as:

peak-load pricing
elastic pricing
elastic demand
inelastic demand

MCQ 22: The companies that perform in less competitive markets and their market offerings significantly differ are classified as:

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

MCQ 23: The process which leads to disassembling and analysis of competitors, operating activities to become acquainted with competitors' technologies is called:

outsource engineering
reverse engineering
target engineering
off shore engineering

MCQ 24: The technique, which accumulates and tracks revenues of business function in value chain attributed to each market offering from R&D to final customer support is called:

product life cycle
life cycle budgeting
life cycle costing
target costing

MCQ 25: The major influential factors on supply and demand include:

customers
costs
competitors
all of above

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