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Cost Accounting Quizzes

Cost Accounting MCQs - Complete

Analysing Problems and Improve Quality Multiple Choice Questions PDF p. 2

Solve Analysing Problems and Improve Quality multiple choice questions and answers, analysing problems and improve quality quiz answers PDF 2 to learn Cost Accounting course for college certification. Learn Balanced Scorecard Quality, Time and Theory of Constraints MCQ questions bank, analysing problems and improve quality Multiple Choice Questions (MCQ) for online college degrees. "Analysing problems and improve quality MCQ" PDF book: nonlinearity and cost functions, common costs, variable and fixed overhead costs, accrual accounting rate of return method, analysing problems and improve quality test prep for free online classes.

"The formal way of differentiating, between non-random and random variations, in manufacturing process is classified as", analysing problems and improve quality Multiple Choice Questions (MCQ) with choices statistical failure control, statistical process control, statistical control of prevention cost, and statistical control of sunk cost for online business degree. Solve balanced scorecard quality, time and theory of constraints questions and answers to improve problem solving skills for online BBA courses.

Analysing Problems & Improve Quality Questions and Answers

1.

The formal way of differentiating, between non-random and random variations, in manufacturing process is classified as

statistical process control
statistical failure control
statistical control of prevention cost
statistical control of sunk cost

2.

If the net initial investment is $985000, returned working capital is $7500, then an average investment over five years will be

$596,300
$485,300
$496,250
$486,250

3.

In the budgeted fixed overhead rate, the number of machine hours are considered as

denominator level
numerator level
fixed level
variable level

4.

The method which ranks cost object incurred by individual users, in ranking order of more responsible users is classified as

bundled products allocation method
variable cost allocation method
stand-alone cost allocation method
incremental cost allocation method

5.

The cost function, in which cost does not change with any change in level of activity is a part of

step price functions
step object functions
step constant functions
step cost functions