The type of relationship stating “how changes in cost driver drives cause changes in cost” will be termed as ___________?
A. marginal plausibility B. economic plausibility C. financial plausibility D. market plausibility
Accounting MCQs with Answers
The goodness of fit is used to measure the wellness of ________?
A. actual values B. predicted values C. residual values D. indexed values
In regression equation, an evaluation criteria considers the significance of _________?
A. independent variable B. dependent variable C. significance plotting D. insignificance plotting
All the conditions or assumptions of regression analysis in simple regression can give __________?
A. dependent estimation B. independent estimation C. reliable estimates D. unreliable estimates
The residual term is also considered as __________?
A. error term B. disturbance term C. relevant term D. both a and b
An analysis of data over successive past periods, which pertain to some plant, activity and organization is called ___________?
A. economic series B. financial series C. time series D. analytical series
The chances of cost to be considered as variable are more, if the __________?
A. time horizons are long B. time horizons are short C. time horizons are irrelevant D. time horizons are relevant
The value, which measures that how large is the value of standard error in relevance to value of estimated coefficient, is termed as __________?
A. t-value B. b-value C. d-value D. c-value
The vertical dashed line in graphical representation of cost function represents the ________?
A. cost representation B. irrelevant range C. relevant range D. graphical representation
Considering the relationship of variables, the relationship in which the activity cost is included in the dependent variable, which has similar cost driver is classified as __________?
A. heterogeneous relationship B. extreme relationship C. no homogeneous relationship D. homogeneous relationship