The normal activity range in which there is relationship between activity and costs is classified as _____________?

Related Mcqs:

1. The range in which relationship exists between level of activity or total cost is called ___________?

   A. functional range B. relevant range C. unit range D. related range...

2. 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...

3. The cause and effect relationship between activity and costs is the result of __________?

   A. contractual agreement B. knowledge of operations C. measureable unit relationship D. all of above...

4. Considering the relationship of variables, the relationship in which the activity cost is included in the dependent variable, which has similar cost driver is classified as __________?

   A. heterogeneous relationship B. extreme relationship C. no homogeneous relationship D. homogeneous relationship...

5. The customer sustaining costs, customer batch-level costs and customer output-unit level costs are classified as _________?

   A. customer level indirect costs B. customer level direct costs C. corporate level direct costs D. corporate level indirect costs...

6. The customer sustaining costs, customer batch-level costs and customer output-unit level costs are classified as _________?

   A. customer level indirect costs B. customer level direct costs C. corporate level direct costs D. corporate level indirect costs...

7. An indirect setup labor costs, costs of setup and equipment maintenance and costs of indirect material can be categorized as ______________?

   A. variable batch costs B. fixed batch costs C. variable setup costs D. fixed setup costs...

8. The costs of issuing purchase orders, making of delivery records for tracking payments and costs of inspection of items are classified as _____________?

   A. stock-out costs B. ordering costs C. carrying costs D. purchasing costs...

9. 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...

10. 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...