MBA Cost Accounting MCQs - Chapter 14

Decision Making Process and Information Quiz Questions and Answers PDF - 7

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Decision Making Process & Information Questions & Answers PDF Download: MCQ Quiz 7

MCQ 31: Buying of goods or services from suppliers or vendors of some other country instead of local supplier is classified as

A) outsourcing

B) insourcing

C) idle sourcing

D) sunk sourcing

MCQ 32: In broader categories, the outcomes of decisions are classified as

A) sunk factors

B) quantitative factors

C) qualitative factors

D) both B and C

MCQ 33: The cost of new machine is considered as

A) relevant

B) bunk

C) dispose value

D) sunk

MCQ 34: An investment of money in idle inventory, in place of investing the same amount of money somewhere else is an example of

A) offshore cost

B) outsource cost

C) in-source cost

D) opportunity cost

MCQ 35: The book value of existing equipment is a historical cost and not necessary for deciding equipment replacement, thus it can be considered as

A) operating cost

B) sunk cost

C) in-house cost

D) out-house cost

MBA Cost Accounting Mock Tests

Cost Allocation, Customer Profitability and Sales Variance Analysis MCQs

Inventory Management, Just in Time and Costing Methods MCQs

Master Budget and Responsibility Accounting MCQs

Capital Budgeting and Cost Benefit Analysis MCQs

Flexible Budget: Overhead Cost Variance MCQs

Performance Measurement, Compensation and Multinational Considerations MCQs

Financial Ratios Analysis MCQs

Job Costing MCQs

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