Question 9:- If a company desires to earn a profit of 25% on selling price, the profit mark up on cost should be 20.00% b) 30.00% c) O 50.00% d) 33.33% Question 10:- A profit making firm can increase its return on investment by ...... a) O Increasing sales revenue and operating expenses by the same amount in rupees b) O Decreasing sales revenue and operating expenses by the same percentage c) Increasing sales revenue and operating expenses by the same percentage Decreasing investment and sales by the same percentage Question 11:- In a decision analysis situation, which of the following costs is generally not relevant? a) O Incremental cost b) Replacement cost Avoidable cost d) Historical cost Question 12:- All of the following are major considerations in fixing a selling price except-: a) competitors price b) O product cost which set a ceiling to the price price of substitutes capturing market share Question 13:- Which of the following items is not included in preparation of a cost sheet? a) O Carriage inwards Purchase returns Interest paid d) Sales commission