Sail E0 Webinar

MCQs

Total Questions : 138 | Page 3 of 14 pages
Question 21. The learning curve models include
  1.    cumulative average time learning model
  2.    incremental unit time learning model
  3.    incremental production learning model
  4.    both a and b
 Discuss Question
Answer: Option D. -> both a and b
Answer: (d).both a and b
Question 22. For slope coefficient b, the value of the estimated coefficient is considered as
  1.    d-value
  2.    c-value
  3.    t-value
  4.    b-value
 Discuss Question
Answer: Option C. -> t-value
Answer: (c).t-value
Question 23. If the difference between costs linked to highest and lowest observation of cost driver is $27000 and observation of cost driver is 90 machine hours, then slope coefficient would be
  1.    $800
  2.    $400
  3.    $300
  4.    $600
 Discuss Question
Answer: Option C. -> $300
Answer: (c).$300
Question 24. If the difference in costs is $9000 and the difference in machine hours is $15000, then slope coefficient would be
  1.    1.24
  2.    0.24
  3.    0.6
  4.    1.667
 Discuss Question
Answer: Option C. -> 0.6
Answer: (c).0.6
Question 25. The cause and effect relationship between activity and costs is the result of
  1.    contractual agreement
  2.    knowledge of operations
  3.    measureable unit relationship
  4.    all of above
 Discuss Question
Answer: Option D. -> all of above
Answer: (d).all of above
Question 26. To decide whether the cost is variable cost or fixed cost with respect to some specific activity depends upon
  1.    units of labor
  2.    unit of production
  3.    time horizon
  4.    units of inventory
 Discuss Question
Answer: Option C. -> time horizon
Answer: (c).time horizon
Question 27. The cost analysis method, which uses mathematical method to use fit between past data observations and cost functions is termed as
  1.    quantitative analysis method
  2.    qualitative analysis method
  3.    account analysis method
  4.    conference analysis method
 Discuss Question
Answer: Option A. -> quantitative analysis method
Answer: (a).quantitative analysis method
Question 28. In a given scenario, if the cost is considered as indirect cost then independent variable will be considered as
  1.    demand allocation base
  2.    supply allocation base
  3.    cost allocation base
  4.    price allocation base
 Discuss Question
Answer: Option C. -> cost allocation base
Answer: (c).cost allocation base
Question 29. If the residual error is 51 and the predicted cost value is 37, then the observed cost value will be
  1.    14
  2.    88
  3.    24
  4.    68
 Discuss Question
Answer: Option B. -> 88
Answer: (b).88
Question 30. The third step in estimation of cost function, by using quantitative analysis is collection of data for
  1.    cost and cost object
  2.    price and cost driver
  3.    dependent variable and cost driver
  4.    independent variable and cost driver
 Discuss Question
Answer: Option C. -> dependent variable and cost driver
Answer: (c).dependent variable and cost driver

Latest Videos

Latest Test Papers