Question

The difference of cost, which occurs while considering the alternatives can be classified as

a.

dependent cost

b.

independent cost

c.

incremental cost

d.

differential cost

Answer: (d).differential cost

Interact with the Community - Share Your Thoughts

Uncertain About the Answer? Seek Clarification Here.

Understand the Explanation? Include it Here.

Q. The difference of cost, which occurs while considering the alternatives can be classified as

Similar Questions

Explore Relevant Multiple Choice Questions (MCQs)

Q. The costs such as book value of old machines are $25000 can be a classified as an example of

Q. An example of qualitative factor is

Q. The fourth step in decision making process is

Q. The formal method of making choices, considering help of quantitative and qualitative analysis is classified as

Q. The type of outcomes, which can never be measured in numerical terms in books of accounts are classified as

Q. The decisions made by company, which products to manufacture and sell and in what quantities, of many product lines are called

Q. The production of goods or services that can be bought from outside suppliers is classified as

Q. The cost such as dispose value of an old machine is $6000 is classified as

Q. The costs which are related to different functions of the value chain of company, such as marketing and manufacturing costs are considered as

Q. The type of outcomes that can be measured in numerical terms are classified as

Q. The low level managers in organizations are to make decisions about

Q. The second step in decision making process is

Q. The costs that behaves as irrelevant costs in process of decision making are classified as

Q. An amount of additional cost incurred for any particular activity is classified as

Q. In today's global world, an outsourcing of products or services from lower cost countries is classified as

Q. The costs that are unavoidable and remain unchanged no matter what done are classified as

Q. When an essential information for calculation of income statement is missing, then the costs that can be considered for this purpose is called

Q. In relevance concepts, the relevant revenues are also termed as

Q. The first step in decision making process is to

Q. Buying of goods or services from suppliers or vendors of some other country instead of local supplier is classified as

Recommended Subjects

Are you eager to expand your knowledge beyond Cost Accounting? We've handpicked a range of related categories that you might find intriguing.

Click on the categories below to discover a wealth of MCQs and enrich your understanding of various subjects. Happy exploring!