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Cost Estimation Methods Trivia Questions and Answers PDF p. 174

Learn Cost Estimation Methods trivia questions and answers, cost estimation methods worksheets with answers PDF 174 to practice Cost Accounting exam questions for online classes. Practice Cost Function and Behavior MCQ questions, cost estimation methods Multiple Choice Questions (MCQ) for online college degrees. Cost Estimation Methods Quizzes PDF: estimating cost function using quantitative analysis, strategic analysis: operating income, customer revenues and costs, make versus buy decisions, cost estimation methods test prep for online classes for business management degree.

"The cost analysis method, which uses mathematical method to use fit between past data observations and cost functions is termed as", cost estimation methods Multiple Choice Questions (MCQ) with choices qualitative analysis method, quantitative analysis method, account analysis method, and conference analysis method for online business administration degree classes. Learn cost function and behavior questions and answers to improve problem solving skills for BA in business administration.

Trivia Quiz on Cost Estimation Methods MCQs

1.

The cost analysis method, which uses mathematical method to use fit between past data observations and cost functions is termed as

quantitative analysis method
qualitative analysis method
account analysis method
conference analysis method

2.

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

outsourcing
insourcing
idle sourcing
sunk sourcing

3.

The division of all the costs related to customers on the basis of different cost allocation bases or cost drivers are called

customer cost hierarchy
customer profitability hierarchy
treasury costing hierarchy
partial costing hierarchy

4.

An approach which is used to manage unused capacity is

reengineering
downsizing
upgrading
none of above

5.

The third step in estimation of cost function, by using quantitative analysis is collection of data for

cost and cost object
price and cost driver
dependent variable and cost driver
independent variable and cost driver

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