Costing MCQs
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Question 370hard
Range, in which relationship exists between level of activity or total cost is called
Question 371hard
Relationship based on unrelated level of activity and past data of cost is measured with help of
Question 372hard
Model which states decline in extra time needed to produce last unit, every time for cumulative quantity of doubled units produced is classified as
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Question 373hard
A helpful technique, for accurate forecasts about costs to be incurred in future is a part of
Question 374hard
In specification analysis, assumptions related to residuals states must be
Question 375easy
Deviations between estimated regression line and vertical deviations are classified as
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Question 376hard
In regression analysis, if observed cost value is 50 and predicted cost value is 7, then disturbance term will be
Question 377hard
Number of observations in regression analysis is considered as
Question 378hard
Estimation of cost functions, an ignoring information from all points but considering two observation points can be classified as