Q.1
Means of collecting and using information, to coordinate decision and planning through an organization are termed as
Q.2
Minimum freedom for managers and maximum constraints are main features of
Q.3
Price charged by one subunit to supply products or services to another unit is called
Q.4
A desire to achieve a particular goal with pursuit of that goal is called
Q.5
Decision making methods, used for subunits of company are highly interdependent on each other is called
Q.6
Method of pricing, when two separate pricing methods are used to price transfer of products from one subunit to another, is called
Q.7
Cost of new machine is considered as
Q.8
An investment of money in idle inventory, in place of investing same amount of money somewhere else is an example of
Q.9
When an essential information for calculation of income statement is missing, then costs that can be considered for this purpose is called
Q.10
In relevance concepts, relevant revenues are also termed as
Q.11
First step in decision making process is to
Q.12
Second step in decision making process is
Q.13
Costs that behaves as irrelevant costs in process of decision making are classified as
Q.14
An example of qualitative factor is
Q.15
Fourth step in decision making process is
Q.16
Production of goods or services that can be bought from outside suppliers is classified as
Q.17
Cost such as dispose value of an old machine is $6000 is classified as
Q.18
Book value of existing equipment is a historical cost and not necessary for deciding equipment replacement, thus it can be considered as
Q.19
Some of methods used for determining transfer prices are
Q.20
A situation when groups and individuals work together for achieving a particular goal can be classified as
Q.21
Buying of goods or services from suppliers or vendors of some other country instead of local supplier is classified as
Q.22
In broader categories, outcomes of decisions are classified as
Q.23
An amount of additional cost incurred for any particular activity is classified as
Q.24
In today's global world, an outsourcing of products or services from lower cost countries is classified as
Q.25
Costs that are unavoidable and remain unchanged no matter what done are classified as
Q.26
Formal method of making choices, considering help of quantitative and qualitative analysis is classified as
Q.27
Costs which are related to different functions of value chain of company, such as marketing and manufacturing costs are considered as
Q.28
If fixed cost is $65000 and contribution margin percentage for bundle is 0.575, then breakeven revenue will be
Q.29
relevant costs are classified in relevance concepts as
Q.30
Companies that perform in competitive markets using pricing approach are known as
0 h : 0 m : 1 s