Accounting MCQs

1590 MCQs  (Page 119 of 159)

Attempt Accounting MCQs Quiz
The cost function, in which the graph of total cost would not result in straight line is classified as _______?
A. Nonlinear cost function
B. Linear cost function
C. Linear price function
D. Nonlinear price function
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In cost accounting, the conference, quantitative analysis and account analysis methods are considered as __________?
A. Cost estimation methods
B. Price estimation methods
C. Unit estimation method
D. Variable estimation method
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The component of total cost, which never changes with change in level of production is classified as _________?
A. Fixed cost
B. Constant
C. Variable
D. Both a and b
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The description in mathematical form to represent changes in cost, with level of activity related to that cost is classified as ____________?
A. Cost function
B. Revenue function
C. Unit function
D. Relative function
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In the regression equation Y = $6000 + (per unit cost ‘x’ number of units), the ‘$6000’ is a __________?
A. Constant
B. Variable
C. Expression
D. Base and exponent
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The individual activities such as machine setups, material handling, customer service and distribution of products are a part of ___________?
A. Activity based costing
B. Margin based costing
C. Goodness of costing
D. Handling based costing
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A problem which arises because of the presence of systematic pattern in residual value sequence is considered as ___________?
A. Parallel correlation
B. Serial correlation
C. Auto correlation
D. Both b and c
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The standard error of regression analysis is known as ____________?
A. Average of coefficient
B. Variance of residual
C. Mean of residual
D. Average of residual
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An analysis and estimation method of cost, by classifying cost accounts as fixed or variable with respect for specific output level is considered as _____________?
A. Manufacturing analysis method
B. Price analysis method
C. Unit analysis method
D. Account analysis method
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An estimation of relationship between two or more independent variables and the dependent variables are classified as ____________?
A. One variable series
B. Multiple regression
C. Simple regression
D. Two way regression
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Word of the Day
21 Jul
Refrain
stop oneself from doing something.
روکنا، پرہیز کرنا

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