A. functional range
B. relevant range
C. unit range
D. related range
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 - The normal activity range in which there is relationship between activity and costs is classified as _____________?
A. relevant range
B. irrelevant range
C. cause range
D. effective range - 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 - In the cause and effect relationship between cost level and cost driver, the inflationary price effects are removed by dividing cost through _______________?
A. price index
B. cost index
C. profit index
D. cost driver index - 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 - In dependent variable cost pool, the relationship between individual cost items and cost drivers can be classified as ___________?
A. non homogeneous relationship
B. homogeneous relationship
C. an internal relationship
D. an extreme relationship - 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 - 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 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 - 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
