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MBA Cost Accounting Certification Exam Tests

MBA Cost Accounting Practice Test 7

Budgets and Budgeting Cycle Quiz Answers PDF - 7

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Accounting Quiz Online: Budgets & Budgeting Cycle MCQs PDF Download - 7

MCQ: The third step in developing operating budget is

A) analysis of batches
B) analysis of batches
C) analysis of products
D) making predictions about future

MCQ: The deviations between estimated regression line and the vertical deviations are classified as

A) fixed terms
B) indexed terms
C) variable terms
D) residual terms

MCQ: Current assets are subtracted from current liabilities to calculate

A) opportunity cost of capital
B) working capital
C) total long term assets
D) weighted average cost of capital

MCQ: In regression analysis, if the observed cost value is 50 and predicted cost value is 7, then the disturbance term will be

A) 57
B) 43
C) 67
D) 47

MCQ: In response to challenges arisen by competitors and new entrants, the strategy which must be considered by the company does include

A) cost leadership
B) demand inelasticity
C) differentiated products
D) both a and c

Mock Tests: MBA Cost Accounting Course Prep

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