Q.1
Companies that perform in less competitive markets and their market offerings significantly differ are classified as
Q.2
Process which leads to disassembling and analysis of competitors, operating activities to become acquainted with competitors' technologies is called
Q.3
Technique, which accumulates and tracks revenues of business function in value chain attributed to each market offering from R&D to final customer support is called
Q.4
Major influential factors on supply and demand include
Q.5
Product costing technique in which markup component is added into cost base, to set a target price is known as
Q.6
Target annual operating income is divided with invested capital to calculate
Q.7
A technique, which accumulates and tracks costs of business function in value chain attributed to each market offering from R&D to final customer support, is called
Q.8
Contribution margin is $34000 and operating income is $12000, then degree of operating leverage will be
Q.9
If budgeted sales in unit is 50 and breakeven sales in unit is 12, then margin of safety in units will be
Q.10
If cost base is $350 and markup component is 11% then prospective selling price will be
Q.11
An estimated price, which is expected to be paid by customers for particular market offering is classified as
Q.12
Type of distribution, which consists of alternative outcomes and probabilities of events is classified as
Q.13
An effect of fixed cost to change in operating income is classified as
Q.14
Degree which predetermines target or income achieved, can be grouped under
Q.15
If budgeted input price is $50, price variance is $30 then an actual price will be
Q.16
An insensitivity of demand in relevance to change in price will be called
Q.17
Target operating income is multiplied to tax rate and then subtracted from target operating income to calculate
Q.18
Quantity of input which is carefully determined is called
Q.19
If actual cost is $356000 and flexible budget cost is $255000, then flexible budget variance will be
Q.20
If actual input price is $150 and budgeted input price is $80, then price variance will be
Q.21
Standard input allows one unit, to be divided by standard cost per output unit for variable direct cost input, to calculate
Q.22
Variance is stated difference between expected performance and the
Q.23
Consideration of decreased operating income relative to budgeted amount in static budget is classified as
Q.24
If flexible budget variance is $105000, actual cost is $65000 then flexible budget cost will be
Q.25
An actual input quantity is 200 units and budgeted input quantity is 50 units, then efficiency variance will be
Q.26
Costs that are incurred to find manufactured products, which does not meet specifications are called
Q.27
Reduction in setup time, manufacturing cycle efficiency and average time of manufacturing for key products are examples of
Q.28
Dysfunctional decision making is also known as
Q.29
Maximum freedom for managers and minimum constraints are main features of
Q.30
Degree to which freedom is given to lower level managers for decision making is classified as
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