A technique for estimating regression line, which minimizes the sum of vertical deviations squares is classified as __________?
A. variable technique B. least square technique C. indexed technique D. fixed technique
Accounting MCQs with Answers
An assumption of specification analysis, which states all the values of residuals which are uniformly scattered around regression line is classified as __________?
A. abnormality of residuals B. normality of regression C. normality of residuals D. abnormality of regression
The relationship between cost and cost drivers is _________?
A. stationary B. not stationary C. intrinsic D. extrinsic
The cost pattern, in which production inputs are to be used in discrete functions, but the quantities are fractional, will be categorized as ___________?
A. continuously variable cost function B. fixed cost function C. mixed cost function D. semi variable cost function
The range in which relationship exists between level of activity or total cost is called ___________?
A. functional range B. relevant range C. unit range D. related range
A helpful technique, for accurate forecasts about costs to be incurred in future is a part of ___________?
A. unit estimation B. production estimation C. cost estimation D. price estimation
The deviations between estimated regression line and the vertical deviations are classified as ____________?
A. fixed terms B. indexed terms C. variable terms D. residual terms
The number of observations in regression analysis is considered as _____________?
A. degree of possibility B. degree of average C. degree of variance D. degree of freedom
The success of cost reduction initiatives are evaluated by accurate ___________?
A. cyclical factors B. indexed technique C. price estimation D. cost estimation
In assumptions testing, the violation of the constant variance is called ______________?
A. heteroscedasticity B. heterogeneous C. homogenous D. homoscedasticity