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Product Budgeting Life Cycle and Costing Multiple Choice Questions with Answers – PDF Download

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Free "Product Budgeting Life Cycle and Costing Study" App Download with MCQ: Practice by seller, about offering same product at different prices, to the different customers is known as; with answers: price incurrence, price discrimination, price targeting, and price engineering. Practice Product Budgeting Life Cycle and Costing Quiz Questions, download Google e-Book (Free Chapter) to improve revision accuracy.

Product Budgeting Life Cycle and Costing MCQs PDF Download – Prep Test

MCQ 1: The practice by seller, about offering same product at different prices, to the different customers is known as:

  1. price incurrence
  2. price discrimination
  3. price targeting
  4. price engineering

MCQ 2: The total cost incur by customer to use, acquire, maintain and dispose service or product is classified as:

  1. budgeted life cycle
  2. targeted life cycle
  3. customer life cycle
  4. operating life cycle

MCQ 3: A technique, which accumulates and tracks the costs of business function in value chain attributed to each market, offering from R&D to final customer support, is called:

  1. product life cycle
  2. life cycle budgeting
  3. life cycle costing
  4. target costing

MCQ 4: An insensitivity of demand in relevance to change in price will be called:

  1. demand elasticity
  2. price elasticity
  3. price inelasticity
  4. demand inelasticity

MCQ 5: The practice of seller to charge higher price for same market offering is classified as:

  1. peak-load pricing
  2. elastic pricing
  3. elastic demand
  4. inelastic demand

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