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MCQs

Total Questions : 138 | Page 10 of 14 pages
Question 91. The lower level of production leads to
  1.    higher setup cost
  2.    lower repair cost
  3.    higher setup cost
  4.    higher repair cost
 Discuss Question
Answer: Option B. -> lower repair cost
Answer: (b).lower repair cost
Question 92. An error term, disturbance term or residual term is calculated as
  1.    U=A-b
  2.    u=A-a
  3.    u=Y-y
  4.    u=X-x
 Discuss Question
Answer: Option C. -> u=Y-y
Answer: (c).u=Y-y
Question 93. In plotting the cost functions, the number of machine hours and batches are represented on
  1.    unit axis
  2.    term axis
  3.    x-axis
  4.    y-axis
 Discuss Question
Answer: Option D. -> y-axis
Answer: (d).y-axis
Question 94. A problem which arises because of the presence of systematic pattern in residual value sequence is considered as
  1.    parallel correlation
  2.    serial correlation
  3.    auto correlation
  4.    both b and c
 Discuss Question
Answer: Option D. -> both b and c
Answer: (d).both b and c
Question 95. If the difference between costs linked to highest and lowest observation of cost driver, is $8000 and observation of cost driver is 40 machine hours, then slope coefficient will be
  1.    $16,000
  2.    $200
  3.    $400
  4.    $20,000
 Discuss Question
Answer: Option B. -> $200
Answer: (b).$200
Question 96. An analysis and estimation method of cost, by classifying cost accounts as fixed or variable with respect for specific output level is considered as
  1.    manufacturing analysis method
  2.    price analysis method
  3.    unit analysis method
  4.    account analysis method
 Discuss Question
Answer: Option D. -> account analysis method
Answer: (d).account analysis method
Question 97. An estimation of relationship between two or more independent variables and the dependent variables are classified as
  1.    One variable series
  2.    multiple regression
  3.    simple regression
  4.    Two way regression
 Discuss Question
Answer: Option B. -> multiple regression
Answer: (b).multiple regression
Question 98. The standard error of regression analysis is known as
  1.    average of coefficient
  2.    variance of residual
  3.    mean of residual
  4.    average of residual
 Discuss Question
Answer: Option B. -> variance of residual
Answer: (b).variance of residual
Question 99. An amount by which the total cost changes with respect to the change in level of activity is classified as
  1.    activity coefficient
  2.    cost coefficient
  3.    change coefficient
  4.    slope coefficient
 Discuss Question
Answer: Option D. -> slope coefficient
Answer: (d).slope coefficient
Question 100. The most frequently used methods of quantitative analysis include
  1.    variable equation
  2.    high low method
  3.    low high method
  4.    constant equation
 Discuss Question
Answer: Option B. -> high low method
Answer: (b).high low method

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