Related Mcqs:

1. The manager who is responsible for investments of the company, its costs and revenues is known as ______

   A. profit center
   B. investment center
   C. cost center
   D. revenue center

2. The manager who is responsible only for the revenues of the company can be categorized under the ___________?

   A. profit center
   B. investment center
   C. cost center
   D. revenue center

3. A manager who is responsible for only the cost of the company belongs to __________?

   A. cost center
   B. revenue center
   C. profit center
   D. investment center

4. The larger number of manager subordinates and the higher level manager are termed as _________?

   A. activity subordinates
   B. broader responsibility center
   C. broader subordinates
   D. activity ordinates

5. The per unit opportunity cost to the selling subunit of company, is added into per unit incremental cost is incurred at point of transfer to calculate ____________?

   A. minimum operating cost
   B. maximum operating costs
   C. maximum transfer price
   D. minimum transfer price

6. A manager, who is responsible for the both cost and revenues belong to the department of

   A. cost center
   B. revenue center
   C. profit center
   D. investment center

7. The function of plant manager, in which he is responsible for new assets investment is termed as _____________?

   A. line function
   B. staff function
   C. asset function
   D. investment function

8. The method of pricing, when two separate pricing methods are used to price, transfer of products from one subunit to another, is called _____________?

   A. dual pricing
   B. functional pricing
   C. congruent pricing
   D. optimal pricing

9. The price charged by one subunit to supply products or services to another unit is called _____________?

   A. subunit autonomy cost
   B. transfer price
   C. performance prices
   D. effort cost

10. In customer cost hierarchy, the cost of activities related to specific channel of distribution is classified as ___________?

    A. discretionary channel costs
    B. corporate-sustaining costs
    C. distribution-channel costs
    D. engineered resource costs