A concept used to define the learning curve in broader application is called _________?
A. discrete curve B. fixed curve C. mixed curve D. experience curve
Accounting MCQs with Answers
An implementation of activity based costing would be possible only if the accountants find ____________?
A. goodness of each activity B. handling of each activity C. cost driver for each activity D. cost object for each activity
In the cause and effect relationship between cost level and cost driver, the inflationary price effects are removed by dividing cost through _______________?
A. price index B. cost index C. profit index D. cost driver index
For estimation of each cost pool for cost function, the attention must be paid to __________?
A. cost object hierarchy B. management hierarchy C. price hierarchy D. cost hierarchy
The slope coefficient of cost function is zero because it intersects the __________?
A. x-axis at one B. y-axis at constant C. x-axis at constant D. y-axis at one
The slope coefficient is 0.75 and the difference in machine hours is $65000, then difference in cost would be ___________?
A. $86,667 B. $48,750 C. $85,000 D. $55,000
The high-low method is used for estimation of ___________?
A. linear coefficient B. cost coefficient C. slope coefficient D. price coefficient
As compared to cumulative average-time learning model, the learning model which predicts more cumulative total time to produce more units is known as __________?
A. incremental unit time learning model B. incremental price learning model C. incremental unit average model D. incremental cost learning model
In the specification analysis, the assumptions related to variance state that: ________________?
A. variance of residuals is constant B. variance of goodness is constant C. goodness of fit is constant D. standard error is constant
An error term, disturbance term or residual term is calculated as ___________?
A. U=A-b B. u=A-a C. u=Y-y D. u=X-x