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Value Engineering, Insurance and Lock In Costs MCQ (Multiple Choice Questions) PDF Download

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The MCQ: If cost is eliminated, then reducing the perceived usefulness that customers can obtain by using the market offering will come under; "Value Engineering, Insurance and Lock In Costs" App Download [Free] with answers: designed-in costs, locked-in costs, value added cost, and non-value added cost for online accounting certifications. Practice Value Engineering, Insurance and Lock In Costs Quiz Questions, download Google eBook (Free Sample) for online classes for bachelor's degree in business administration.

Value Engineering, Insurance and Lock In Costs Questions and Answers PDF Download

MCQ: 1

If cost is eliminated, then reducing the perceived usefulness that customers can obtain by using the market offering will come under

  1. designed-in costs
  2. locked-in costs
  3. value added cost
  4. non-value added cost
MCQ: 2

The costs that are planned in future and has not been incurred are known as

  1. designed-in costs
  2. locked-in costs
  3. value added cost
  4. both a and b
MCQ: 3

The concept, which states that resources are used to meet particular goals is

  1. cost incurrence
  2. valued incurrence
  3. locked incurrence
  4. non valued incurrence
MCQ: 4

The selection of target price, understanding customer requirements, improving product designs and use of cross functional teams are considered as aspects of

  1. target pricing
  2. target costing
  3. value engineering
  4. all of above
MCQ: 5

The kind of cost which on elimination, would not reduce the perceived usefulness that customers can obtain by using the market offering is known as

  1. designed-in costs
  2. locked-in costs
  3. value added cost
  4. non-value added cost

Value Engineering Insurance and Lock In Costs Practice Tests: MBA Cost Accounting App & eBook MCQs

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Value Engineering, Insurance and Lock In Costs MCQ App (Android & iOS)

Value Engineering, Insurance and Lock In Costs MCQ App

Cost Accounting MCQ App (iOS & Android)

Cost Accounting MCQ App

Business Mathematics MCQs App (iOS & Android)

Business Mathematics MCQs App

Marketing Management MCQs App (Android & iOS)

Marketing Management MCQs App