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"The relationship between cost and cost drivers is", data collection and adjustment issues Multiple Choice Questions (MCQ) with choices not stationary, stationary, intrinsic, and extrinsic for online business administration degree. Learn cost function and behavior questions and answers to improve problem solving skills for online business management degree programs. Data Collection & Adjustment Issues Video
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MCQ: The relationship between cost and cost drivers is
- stationary
- not stationary
- intrinsic
- extrinsic
B
MCQ: If the actual price input is $700, the budgeted price of input is $400 and the actual quantity of input are 50 units, then the price variance will be
- $15,000
- $13,000
- $11,000
- $9,000
A
MCQ: The production volume variance is also called
- denominator level variance
- numerator level variance
- price level variance
- cost level variance
A
MCQ: In value chain analysis, the coordination, acquiring and assembling of resources to produce a product is classified as
- resourcing
- value acquiring
- production
- value acquaintance
C
MCQ: Which of the following is an example of purchasing costs?
- incoming freight
- storage costs
- insurance
- spoilage
C
