Cost Accounting Mcqs

A. identify the problem
B. identify the linear variable
C. identify the certainty
D. identify the multiplier

A. expected cost
B. expected revenues
C. irrelevant costs
D. relevant costs

A. differential in-sourcing
B. off-shoring
C. incremental outsourcing
D. differential outsourcing

A. past costs
B. future costs
C. expected costs
D. sunk costs

A. net income irrelevancy
B. operating income maximization
C. operating income minimization
D. operating income relevancy

A. value costs
B. future function costs
C. business function costs
D. sunk function costs

A. idle sourcing
B. sunk sourcing
C. outsourcing
D. in-sourcing

A. expected factors
B. recorded factors
C. qualitative factors
D. quantitative factors

A. linear correlation
B. making decisions
C. implement decisions
D. evaluate performance

A. salvages
B. relevant
C. irrelevant
D. depreciated cost