A. fixed cost
B. constant
C. variable
D. both a and b
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 - 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 cost function, in which cost does not change with any change in level of activity is a part of __________?
A. step price functions
B. step object functions
C. step constant functions
D. step cost functions - The cost which remains unchanged, in proportion to level the total volume of production is classified as _________?
A. total cost
B. infeasible cost
C. fixed cost
D. variable cost - 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 - The type of relationship stating “how changes in cost driver drives cause changes in cost” will be termed as ___________?
A. marginal plausibility
B. economic plausibility
C. financial plausibility
D. market plausibility - The lump sum cost that remains unchanged in total despite of changes in total volume is classified as __________?
A. unchanged price
B. unchanged cost
C. fixed overhead cost
D. variable overhead cost - The budgeted total cost in indirect cost pool, is divided by budgeted total quantity of the cost allocation base, is calculated by _________?
A. budgeted direct cost rate
B. budgeted indirect cost rate
C. expected indirect cost rate
D. direct budget percentage - In operating income strategic analysis, a component which measures the change in operating income attributed to the change in output quantity is classified as ________?
A. internal process component
B. growth component
C. price recovery component
D. productivity component - In operating income strategic analysis, the strategic component which measures change in operating income, attributed for change in price of outputs and inputs is classified as __________?
A. internal process component
B. growth component
C. price recovery component
D. productivity component
