Accounting MCQs

1590 MCQs  (Page 114 of 159)

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The cause and effect relationship between activity and costs is the result of __________?
A. Contractual agreement
B. Knowledge of operations
C. Measureable unit relationship
D. All of above
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For slope coefficient b, the value of the estimated coefficient is considered as ___________?
A. D-value
B. C-value
C. T-value
D. B-value
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The slope coefficient of linear cost function is ___________?
A. Zero
B. One
C. Two
D. Three
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The function which is used to measure the decline in per unit cost of different business functions is classified as _____________?
A. Mixed curve
B. Experience curve
C. Discrete curve
D. Fixed curve
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In quantitative analysis of estimating cost function, the last and foremost step is to _____________?
A. Evaluate variable driver
B. Evaluate cost driver
C. Evaluate price driver
D. Evaluate demand driver
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In estimation of cost functions, the variations in a single activity level represents the __________?
A. Related total costs
B. Related fixed cost
C. Related variable cost
D. Related per unit cost
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The Regression Analysis Method of quantitative analysis of cost function considers ____________?
A. All data points
B. One data point
C. Two data points
D. Four data points
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If an unexplained variation is 456870 and the total variation is 955000, then the coefficient of determination will be ___________?
A. 0.4528
B. 0.4783
C. 0.5216
D. 0.5425
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Within the relevant range, the cost function in which cost does not change in narrow ranges of activity is called ____________?
A. Fixed cost function
B. Variable cost function
C. Step variable cost function
D. Step fixed cost function
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The line which uses to join observations with lower and highest values of cost driver is called ___________?
A. Straight line
B. Curved line
C. Horizontal line
D. Vertical line
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Word of the Day
20 Jul
Abundance
a very large quantity of something.
بہتات، زیادہ، فراوانی، کثرت

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