A. step price functions
B. step object functions
C. step constant functions
D. step cost functions
Related Mcqs:
- The cause and effect relationship that exists between change in total cost level and change in level of activity, is measured with the help of ___________?
A. production driver
B. cost driver
C. price driver
D. estimation driver - Within the relevant range, the cost function in which cost does not change in narrow ranges of activity is called ____________?
A. fixed cost function
B. variable cost function
C. step variable cost function
D. step fixed cost function - An amount by which the total cost changes with respect to the change in level of activity is classified as ____________?
A. activity coefficient
B. cost coefficient
C. change coefficient
D. slope coefficient - The description in mathematical form to represent changes in cost, with level of activity related to that cost is classified as ____________?
A. cost function
B. revenue function
C. unit function
D. relative function - In an activity based cost system; an activity/unit of work or task with differentiated purposes will be classified as __________?
A. different task
B. purpose cost
C. an activity
D. an allocation cost - The relationship between change in activity and change in total costs is considered as __________?
A. fixed relationship
B. cause and effect relationship
C. ineffective relationship
D. variable relationship - In production, the variables such as level of activity or volume of company activity are known as ________?
A. cost drivers
B. timed drivers
C. variable drivers
D. fixed drivers - To decide whether the cost is variable cost or fixed cost with respect to some specific activity depends upon ___________?
A. units of labor
B. unit of production
C. time horizon
D. units of inventory - The relationship based on unrelated level of activity and past data of cost is measured with the help of __________?
A. cost estimation
B. price estimation
C. unit estimation
D. production estimation - In estimation of cost functions, the variations in a single activity level represents the __________?
A. related total costs
B. related fixed cost
C. related variable cost
D. related per unit cost
