For slope coefficient b, the value of the estimated coefficient is considered as ___________?
A. d-value B. c-value C. t-value D. b-value
Accounting MCQs with Answers
The cause and effect relationship between activity and costs is the result of __________?
A. contractual agreement B. knowledge of operations C. measureable unit relationship D. all of above
To decide whether the cost is variable cost or fixed cost with respect to some specific activity depends upon ___________?
A. units of labor B. unit of production C. time horizon D. units of inventory
If an unexplained variation is 255050 and the total variation is 550505, then coefficient of determination will be ___________?
A. 0.5063 B. 0.4633 C. 2.16 D. 0.5367
In plotting of cost functions, the level of activities according to which the charged cost is represented on ____________?
A. x-axis B. y-axis C. unit axis D. term axis
If the difference in costs is $16000 and the slope coefficient is 0.40, then difference in machine hours would be __________?
A. $50,000 B. $5,400 C. $6,400 D. $40,000
In the specification analysis, the assumptions related to linearity states but linearity must be within ____________?
A. irrelevant range B. relevant range C. significant range D. insignificant range
In adjustment issues of costing, the database must consider wide range values of __________?
A. fixed object B. cost driver C. cost object D. mixed object