A. potential price response
B. potential cost response
C. potential budget response
D. potential management response
Related Mcqs:
- In process costing method, when the work done in current accounting period, and beginning inventory before current accounting period, is classified as _________?
A. partial inventory costing method
B. current period inventory method
C. Last-in, first-out method
D. First-in, first-out method - A measure which evaluates overall tradeoff and effect among non-financial performance measure is _____________?
A. non-financial measures
B. financial measures
C. effective measure
D. lump sum measure - The less skilled workers for operating machines then expected are classified as ___________?
A. cause for exceeding budget
B. cause of less employment
C. fixed cost variation
D. variable cost variation - If the beginning work in process equivalent units are 2500 units, work done in current period equivalent units are 3800 units and ending work in process equivalent units are 5000, then complete equivalent units in current period are _____________?
A. 1800 units
B. 1500 units
C. 1300 units
D. 1500 units - If the beginning work in process equivalent units are 2500 units, work done in current period equivalent units are 3800 units and units completed in current period are 4000, then ending work in process equivalent units will be ___________?
A. 1800 units
B. 2300 units
C. 10300 units
D. 1500 units - The costs such as book value of old machines are $25000 can be a classified as an example of ____________?
A. salvages
B. relevant
C. irrelevant
D. depreciated cost - The measure which provides the feedback on manager’s performance, considering individual aspects only is classified as ___________?
A. effectively measure
B. lump sum measure
C. non-financial measures
D. financial measures - Total cost related to work in process inventory is divided by total units of work done is used to calculate _____________?
A. Gross weighted margin
B. weighted average revenue
C. weighted average cost
D. weighted average conversion cost - The function which is used to measure the decline in per unit cost of different business functions is classified as _____________?
A. mixed curve
B. experience curve
C. discrete curve
D. fixed curve - The costs that are unavoidable and remain unchanged no matter what done are classified as
A. sunk costs
B. bunked costs
C. unrecorded costs
D. recorded costs