A. sunk factors
B. quantitative factors
C. qualitative factors
D. both B and C
Correct Answer: both B and C ✔
Last Updated: May 11, 2023
Related MCQs
- The cost of new machine is considered as __________?
- Buying of goods or services from suppliers or vendors of some other country instead of local supplier is classified as _________?
- In relevance concepts, the relevant revenues are also termed as __________?
- The costs that are unavoidable and remain unchanged no matter what done are classified as
- An amount of additional cost incurred for any particular activity is classified as __________?
- The second step in decision making process is __________?
- The type of outcomes that can be measured in numerical terms are classified as __________?
- The cost such as dispose value of an old machine is $6000 is classified as __________?
- The decisions made by company, which products to manufacture and sell and in what quantities, of many product lines are called __________?
- The formal method of making choices, considering help of quantitative and qualitative analysis is classified as __________?
- An example of qualitative factor is __________?
- The difference of cost, which occurs while considering the alternatives can be classified as __________?
- The financial factors measured in numerical terms, having some monetary value are considered as __________?
- An example of quantitative factor is __________?
- The decisions made by team of individuals or single person, whether to outsource the products or in-source are classified as __________?
- The third step in decision making process is __________?
- The kind of costs that has been occurred in past are also known as __________?
- An investment of money in idle inventory, in place of investing the same amount of money somewhere else is an example of __________?
- The first step in decision making process is to __________?
- When an essential information for calculation of income statement is missing, then the costs that can be considered for this purpose is called __________?
- In today’s global world, an outsourcing of products or services from lower cost countries is classified as __________?
- The costs that behaves as irrelevant costs in process of decision making are classified as __________?
- The low level managers in organizations are to make decisions about __________?
- The costs which are related to different functions of the value chain of company, such as marketing and manufacturing costs are considered as __________?
- The production of goods or services that can be bought from outside suppliers is classified as __________?
- The type of outcomes, which can never be measured in numerical terms in books of accounts are classified as _________?
- The fourth step in decision making process is __________?
- The costs such as book value of old machines are $25000 can be a classified as an example of __________?
- The forgone contribution of resources, into the revenues because of not using the resources, in next best use is classified as __________?
- The relevant costs are classified in relevance concepts as __________?
- The difference that exists between total revenues, can be earned from two different alternatives is termed as ________?
- As compared to irrelevant cost, the occurrence of relevant costs must __________?
- The factor, which is largely considered in making or buying decisions is __________?
- The book value of existing equipment is a historical cost and not necessary for deciding equipment replacement, thus it can be considered as __________?