An estimation of relationship between one independent variable and the dependent variable is known as ___________?
A. simple regression B. Two way regression C. One variable series D. multiple regression
Accounting MCQs with Answers
The second step for estimation of cost function by using quantitative analysis is to ___________?
A. choose independent variable B. choose cost estimation method C. choose price estimation method D. choose dependent variable
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
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
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
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
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
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
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
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