BBA Cost Accounting Competitive Exam MCQs – Practice Test 5 (Chapter 14)

Decision Making Process and Information MCQs with Answers PDF Download – Test 5

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Free BBA Cost Accounting Study App Download with MCQ: "Type of outcomes that can be measured in numerical terms are classified as"; with answers: quantitative factors, qualitative factors, expected factors, and recorded factors. Solve Period Costs Quiz Questions, download Google e-Book (Free Chapter) to master accounting systems.

Decision Making Process & Information MCQs – Practice Test 5 PDF Download

MCQ 21: The type of outcomes that can be measured in numerical terms are classified as:

qualitative factors
quantitative factors
expected factors
recorded factors

MCQ 22: The low level managers in organizations are to make decisions about:

net income irrelevancy
operating income maximization
operating income minimization
operating income relevancy

MCQ 23: The second step in decision making process is:

multi-collinearity information
quantitative information
qualitative analysis
obtaining information

MCQ 24: The costs that behaves as irrelevant costs in process of decision making are classified as:

past costs
future costs
expected costs
sunk costs

MCQ 25: An amount of additional cost incurred for any particular activity is classified as:

incremental cost
differential cost
dependent cost
independent cost

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