An estimated price, which is expected to be paid by customers for particular market offering is classified as __________?

Related Mcqs:

1. The practice of seller to charge higher price for same market offering is classified as __________?

   A. peak-load pricing
   B. elastic pricing
   C. elastic demand
   D. inelastic demand

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

   A. designed-in costs
   B. locked-in costs
   C. value added cost
   D. non-value added cost

3. 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 ___________?

   A. designed-in costs
   B. locked-in costs
   C. value added cost
   D. non-value added cost

4. An estimated coefficient, which indicates the degree by which the estimated values are affected by random factors is known as ___________?

   A. standard error of estimated coefficient
   B. weighted error of estimated coefficient
   C. average of estimated coefficient
   D. variance of estimated coefficient

5. An accounting approach, in which the expected benefits exceed the expected cost is classified as ___________?

   A. benefit approach
   B. cost approach
   C. cost-benefit approach
   D. accounting approach

6. The budget which calculates the expected revenues and expected costs, based on the actual output quantity is named as __________?

   A. flexible budget
   B. fixed budget
   C. variable budget
   D. multiplied budget

7. The practice by seller, about offering same product at different prices, to the different customers is known as __________?

   A. price incurrence
   B. price discrimination
   C. price targeting
   D. price engineering

8. An income, which a company aims to earn by selling each unit of market offering is classified as ____________?

   A. target operating income per unit
   B. target cost per unit
   C. total current full cost
   D. total cost per unit

9. A technique, which accumulates and tracks the costs of business function in value chain attributed to each market, offering from R&D to final customer support, is called __________?

   A. product life cycle
   B. life cycle budgeting
   C. life cycle costing
   D. target costing

10. If the actual price input is $500, the budgeted price of input is $300 and the actual quantity of input is 50 units, then the price variance would be __________?

    A. $4,000
    B. $6,000
    C. $8,000
    D. $10,000