Accounting MCQs

1590 MCQs  (Page 121 of 159)

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In the linear cost function which is y=a + bx, the objective is to find the ___________?
A. Values of a and b
B. Values of x and y
C. Values of a and x
D. Values of b and y
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The statistical method used to measure average change in dependent variable, with respect to change of one unit in independent variable is called ___________?
A. Times series method
B. Time horizon method
C. Aggression method
D. Regression method
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A technique which minimizes sum of squared vertical difference, to determine the regression line is considered as _____________?
A. Negative square technique
B. Positive square technique
C. Least square technique
D. Most square technique
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The better fit between estimated cost and actual observations is represented by ___________?
A. Variable residual terms
B. Smaller residual terms
C. Larger residual terms
D. Zero residual terms
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An estimated coefficient, which indicates the degree by which the estimated values are affected by random factors is known as ___________?
A. Standard error of estimated coefficient
B. Weighted error of estimated coefficient
C. Average of estimated coefficient
D. Variance of estimated coefficient
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In Regression Analysis, the testing of assumptions if these are true or not is classified as ___________?
A. Weighted analysis
B. Average analysis
C. Significance analysis
D. Specification analysis
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If the difference between costs linked to highest and lowest observation of cost driver is $36000 and observation of cost driver is 30 machine hours, then slope coefficient would be __________?
A. $1,200
B. $1,400
C. $1,600
D. $1,800
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The work measurement method of cost estimation is also called ___________?
A. Price engineering method
B. Industrial engineering method
C. Measuring engineering method
D. Unit engineering method
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The worse fit between estimated cost and actual observations is shown on regression line with ___________?
A. Larger residual terms
B. Zero residual terms
C. Variable residual terms
D. Smaller residual terms
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If the difference between costs linked to highest and lowest observation of cost driver is $27000 and observation of cost driver is 90 machine hours, then slope coefficient would be ____________?
A. $800
B. $400
C. $300
D. $600
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Word of the Day
21 Jul
Refrain
stop oneself from doing something.
روکنا، پرہیز کرنا

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