MCQOPTIONS
Saved Bookmarks
MCQOPTIONS
This section includes 657 Mcqs, each offering curated multiple-choice questions to sharpen your Testing Subject knowledge and support exam preparation. Choose a topic below to get started.
| 1. |
If fixed cost is $30000 and contribution margin per unit is $600 per unit, then breakeven in units will be |
| A. | 50 units |
| B. | 60 units |
| C. | 70 units |
| D. | 65 units |
| Answer» B. 60 units | |
| 2. |
If selling price is $5000, contribution margin per unit is $1000, then contribution margin percentage will be |
| A. | 12.00% |
| B. | 20.00% |
| C. | 5.00% |
| D. | 15.00% |
| Answer» C. 5.00% | |
| 3. |
Contribution margin per unit is multiplied to number of units sold to calculate |
| A. | revenue margin |
| B. | variable margin |
| C. | contribution margin |
| D. | divisor margin |
| Answer» D. divisor margin | |
| 4. |
Sum of working capital and current liabilities is equal to |
| A. | imputed assets |
| B. | residual assets |
| C. | current assets |
| D. | nominal assets |
| Answer» D. nominal assets | |
| 5. |
Total available assets are subtracted from idle assets to calculate |
| A. | market equity |
| B. | total assets employed |
| C. | total assets available |
| D. | stockholders' equity |
| Answer» C. total assets available | |
| 6. |
Production of goods or services that can be bought from outside suppliers is classified as |
| A. | idle sourcing |
| B. | sunk sourcing |
| C. | outsourcing |
| D. | in-sourcing |
| Answer» E. | |
| 7. |
An example of qualitative factor is |
| A. | employee morale |
| B. | cost of materials |
| C. | cost of workers |
| D. | cost of marketing |
| Answer» B. cost of materials | |
| 8. |
relevant costs are classified in relevance concepts as |
| A. | expected future costs |
| B. | serial costs |
| C. | parallel costs |
| D. | abnormal costs |
| Answer» B. serial costs | |
| 9. |
third step in decision making process is |
| A. | linear predictions |
| B. | dependent predictions |
| C. | making predictions |
| D. | independent predictions |
| Answer» D. independent predictions | |
| 10. |
If invested capital is $150000 and target rate of return on investment is 16%, then target annual operating income would be |
| A. | $27,000 |
| B. | $26,000 |
| C. | $24,000 |
| D. | $25,000 |
| Answer» D. $25,000 | |
| 11. |
Companies that perform in less competitive markets and their market offerings significantly differ are classified as |
| A. | independent revenue approach |
| B. | market based approach |
| C. | cost based approach |
| D. | dependent revenue approach |
| Answer» D. dependent revenue approach | |
| 12. |
Companies that perform in competitive markets using pricing approach are known as |
| A. | independent revenue approach |
| B. | market based approach |
| C. | dependent revenue approach |
| D. | cost based approach |
| Answer» C. dependent revenue approach | |
| 13. |
Second step in decision making process is |
| A. | multi-collinearity information |
| B. | quantitative information |
| C. | qualitative analysis |
| D. | obtaining information |
| Answer» E. | |