The type of distribution, which describes whether events to be occurred are mutually exclusive or collectively exhaustive can be classified as ____________?

Related Mcqs:

1. The type of distribution, which consists of alternative outcomes and probabilities of events is classified as _____________?

   A. event table
   B. outcome table
   C. decision table
   D. probability table

2. The measures that analyze the performance of a company, such as residual income, economic value added and customer satisfaction are collectively called ____________?

   A. interactive control systems
   B. belief systems
   C. boundary systems
   D. diagnostic control systems

3. The use of variables to signal whether the strategies are effective or ineffective is classified as _________?

   A. evaluating strategy
   B. performing strategy
   C. warned strategy
   D. weighted strategy

4. The decisions made by team of individuals or single person, whether to outsource the products or in-source are classified as __________?

   A. demand or supply decisions
   B. make or buy decisions
   C. relevant or irrelevant decision
   D. idle or busy decisions

5. The stage in production process, where the manufactured goods are checked; whether the units are acceptable or not is classified as __________?

   A. rework point
   B. inspection point
   C. spoilage point
   D. scrap point

6. The economic results that are predicted for possible combinations of events are classified as _______?

   A. margin
   B. distribution
   C. collection
   D. outcome

7. In the process of examining, occurred changes in total revenues, operating income and costs is known as _____________?

   A. revenue analysis
   B. costs analysis
   C. operating income analysis
   D. cost volume profit analysis

8. The kind of costs that has been occurred in past are also known as __________?

   A. unrecorded costs
   B. recorded costs
   C. sunk costs
   D. bunked costs

9. The term which describes the assigning of indirect cost, to any cost object is classified as ___________?

   A. cost allocation
   B. sales tracing
   C. sales allocation
   D. cost tracing

10. 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