Accounting MCQs

1590 MCQs  (Page 116 of 159)

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In linear cost function, the fixed cost is considered as _________?
A. Constant
B. Variable
C. Exponent
D. Base
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The vertical difference, which measures distance between estimated and actual cost for every single observation is classified as __________?
A. Residual term
B. Positive term
C. Negative term
D. Squared term
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An error term, disturbance term or residual term is calculated as ___________?
A. U=a-b
B. U=a-a
C. U=y-y
D. U=x-x
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In the specification analysis, the assumptions related to variance state that: ________________?
A. Variance of residuals is constant
B. Variance of goodness is constant
C. Goodness of fit is constant
D. Standard error is constant
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The lower level of production leads to ____________?
A. Higher setup cost
B. Lower repair cost
C. Higher setup cost
D. Higher repair cost
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As compared to cumulative average-time learning model, the learning model which predicts more cumulative total time to produce more units is known as __________?
A. Incremental unit time learning model
B. Incremental price learning model
C. Incremental unit average model
D. Incremental cost learning model
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The high-low method is used for estimation of ___________?
A. Linear coefficient
B. Cost coefficient
C. Slope coefficient
D. Price coefficient
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The slope coefficient of cost function is zero because it intersects the __________?
A. X-axis at one
B. Y-axis at constant
C. X-axis at constant
D. Y-axis at one
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The slope coefficient is 0.75 and the difference in machine hours is $65000, then difference in cost would be ___________?
A. $86,667
B. $48,750
C. $85,000
D. $55,000
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For estimation of each cost pool for cost function, the attention must be paid to __________?
A. Cost object hierarchy
B. Management hierarchy
C. Price hierarchy
D. Cost hierarchy
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Word of the Day
21 Jul
Refrain
stop oneself from doing something.
روکنا، پرہیز کرنا

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