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

View solution

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

View solution

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

View solution

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

View solution

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

View solution

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

View solution

Q. The second step in decision making process is

View solution

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

View solution

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

View solution

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

View solution

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

View solution

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

View solution

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

View solution

Q. The first step in decision making process is to

View solution

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

View solution

Q. In broader categories, the outcomes of decisions are classified as

View solution

Q. The cost of new machine is considered as

View solution

Q. An investment of money in idle inventory, in place of investing the same amount of money somewhere else is an example of

View solution

Q. The book value of existing equipment is a historical cost and not necessary for deciding equipment replacement, thus it can be considered as

View solution

Q. The method which ranks cost object incurred by individual users, in ranking order of more responsible users is classified as

View solution