1. This is the time when you need to decide to maintain your production A When the TR is equal to TC
B When the TR is greater than TC
c. When the TR is lesser than TC
2 nefers to the situation when you need to decide to produce more when the
A TR is equal to TC
B TR is greater than TC
C. TR is lesser than TC
3. Time may come when you really need to decide to stop your business production. When the
A TR is equal to TC
B. TR is greater than TC
C. TR is lesser than TC
4. It is the way you calculate or estimate the cost to have for a product.
A Costing B. Pricing C. Producing
5. The direct labor cost and direct raw materials cost are under which type of production cost?
A. Direct cost B. Indirect cost C purchasing cost
6 A payment of interest for the duration of the loan
A Capital cost B. Direct costC. Indirect cost
7. Payment and expenditure made for the production that become part of the product like salaries/ wages of the
workers
A Purchasing cost. B. Direct cost C Indirect cost
& Cost generated from the business and also known as overhead expenses
A Capital cost B. Direct cost C. Indirect cost
9. Al materials needed both for direct manufacturing and those needed for the functioning of the business.
A Purchasing cost B. Materials Cost C Staff cost
10. Process of making or manufacturing goods.
A Production
B. Price
C. Cost​