BBA Cost Accounting MCQs – Practice Test 1 (Chapter 14)

Decision Making Process and Information MCQs with Answers PDF Download – Test 1

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Decision Making Process & Information MCQs – Practice Test 1 PDF Download

MCQ 1: The kind of costs that has been occurred in past are also known as:

unrecorded costs
recorded costs
sunk costs
bunked costs

MCQ 2: The factor, which is largely considered in making or buying decisions is:

quality of suppliers
dependability of suppliers
production irrelevancy
both a and b

MCQ 3: The third step in decision making process is:

linear predictions
dependent predictions
making predictions
independent predictions

MCQ 4: As compared to irrelevant cost, the occurrence of relevant costs must:

have high correlation
be in future
be in past
be zero correlated

MCQ 5: The decisions made by team of individuals or single person, whether to outsource the products or in-source are classified as:

demand or supply decisions
make or buy decisions
relevant or irrelevant decision
idle or busy decisions

BBA Cost Accounting MCQs App & e-Book – Decision Making Process & Information Study Guide

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