Multiple Choice
Which of the following statements is false?
i. Qualitative information is not relevant for planning purposes.
ii. Production costs are important for planning purposes, but selling and administration costs are not.
iii. Information on revenues is not important for planning purposes.
A) i
B) iii
C) i and iii
D) i, ii and iii
Correct Answer:
Verified
Correct Answer:
Verified
Q1: Which of the following costs of a
Q2: Sally Strong is the production manager of
Q4: If production increases, variable cost will:<br>A) remain
Q5: Product costs comprise:<br>A) direct materials, direct labour
Q6: Which is the correct order of cost
Q7: Manufacturing costs<br>Manufacturing costs are costs that are
Q8: Cost of goods purchased includes the:<br>A) purchase
Q9: Product costs are:<br>A) expended as they are
Q10: Which of the following statements is true?<br>A)
Q11: A courier company may view kilometres driven