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MBA Cost Accounting Quiz e-Book PDF | Decision Making Process and Information App Download

MBA Cost Accounting Study Material: Practice Test 7 (Chapter 14)

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

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Decision Making Process & Information Exam Questions and Answers PDF Download: Test 7

MCQ: 31

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

  1. outsourcing
  2. insourcing
  3. idle sourcing
  4. sunk sourcing
MCQ: 32

In broader categories, the outcomes of decisions are classified as

  1. sunk factors
  2. quantitative factors
  3. qualitative factors
  4. both B and C
MCQ: 33

The cost of new machine is considered as

  1. relevant
  2. bunk
  3. dispose value
  4. 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

  1. offshore cost
  2. outsource cost
  3. in-source cost
  4. 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

  1. operating cost
  2. sunk cost
  3. in-house cost
  4. out-house cost

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Cost Accounting Quiz App (iOS & Android)

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