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

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Free Decision Making Process and Information MCQs App Download: Low level managers in organizations are to make decisions about; MCQ with answers: operating income maximization, net income irrelevancy, operating income minimization, and operating income relevancy. 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:

  1. qualitative factors
  2. quantitative factors
  3. expected factors
  4. recorded factors

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

  1. net income irrelevancy
  2. operating income maximization
  3. operating income minimization
  4. operating income relevancy

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

  1. multi-collinearity information
  2. quantitative information
  3. qualitative analysis
  4. obtaining information

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

  1. past costs
  2. future costs
  3. expected costs
  4. sunk costs

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

  1. incremental cost
  2. differential cost
  3. dependent cost
  4. independent cost

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