In shut down decision, which TWO of the following should be considered?
lost contribution
incremental revenue
lost revenue
cost saved
In make or buy decision, which TWO of the following should be considered?
relevant cost of making
relevant cost of buying
lost revenue
cost saved
In further processing decision, which TWO of the following should be considered?
incremental cost
incremental revenue
cost saved
lost revenue
Which One of the following techniques would consider probability?
maximax
expected value
minimax regret
sensitivity analysis
It a decision-maker is a risk seeker, which one of the following techniques would he choose to make decisions?
maximin
minimax regret
expected value
maximax
The sensitivity of sales volume can also represent the margin of safety in units.
Which one of the following in NOT a master budget?
sales budget
budgeted income statement
budgeted statement of financial position
cash budget
Which one of the following focuses on classifying costs based on activities rather than based on departments or products?
incremental budgeting
zero-based budgeting
activity-based budgeting
rolling budgeting
Which one of the following is NOT a step of ZBB?
identifying the activities and prepare decision package for each activity
collecting information of each acitivty
ranking the activities by their benefits to organisation
allocating resources to the activities according to their rank