Accounting MCQs

1590 MCQs  (Page 122 of 159)

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The learning curve models include ___________?
A. Cumulative average time learning model
B. Incremental unit time learning model
C. Incremental production learning model
D. Both a and b
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In a given scenario, if the cost is considered as indirect cost then independent variable will be considered as _________?
A. Demand allocation base
B. Supply allocation base
C. Cost allocation base
D. Price allocation base
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If the difference in costs is $9000 and the difference in machine hours is $15000, then slope coefficient would be ___________?
A. 1.24
B. 0.24
C. 0.6
D. 1.667
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In estimation of cost function, an example of independent variable is ___________?
A. Level of activity
B. Quantity stored
C. Quantity manufactured
D. Quality of product
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The third step in estimation of cost function, by using quantitative analysis is collection of data for ___________?
A. Cost and cost object
B. Price and cost driver
C. Dependent variable and cost driver
D. Independent variable and cost driver
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The cost that has elements of variable and fixed costs at the same time is __________?
A. Variable cost
B. Mixed cost
C. Semi variable cost
D. Both b and c
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The formula of 1 – unexplained variation ⁄ total variation is used to calculate _____________?
A. Coefficient of determination
B. Coefficient of index
C. Coefficient of residual
D. Coefficient of prediction
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If the difference in costs is $32000 and the slope coefficient is 0.40, then difference in machine hours would be ___________?
A. $80,000
B. $12,800
C. $70,000
D. $22,800
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In the linear cost function, which is y = a + bx, the ‘y’ is classified as ___________?
A. Predicted fixed cost
B. Predicted variable cost
C. Predicted cost
D. Predicted price
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The function used to measure decline in labor hours per unit as the units of production increases is called ___________?
A. Fixed curve
B. Learning curve
C. Linear curve
D. Mixed curve
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Word of the Day
21 Jul
Refrain
stop oneself from doing something.
روکنا، پرہیز کرنا

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