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MCQs

Total Questions : 138 | Page 4 of 14 pages
Question 31. If an unexplained variation is 255050 and the total variation is 550505, then coefficient of determination will be
  1.    0.5063
  2.    0.4633
  3.    2.16
  4.    0.5367
 Discuss Question
Answer: Option D. -> 0.5367
Answer: (d).0.5367
Question 32. In plotting of cost functions, the level of activities according to which the charged cost is represented on
  1.    x-axis
  2.    y-axis
  3.    unit axis
  4.    term axis
 Discuss Question
Answer: Option A. -> x-axis
Answer: (a).x-axis
Question 33. If the difference in costs is $32000 and the slope coefficient is 0.40, then difference in machine hours would be
  1.    $80,000
  2.    $12,800
  3.    $70,000
  4.    $22,800
 Discuss Question
Answer: Option A. -> $80,000
Answer: (a).$80,000
Question 34. The function used to measure decline in labor hours per unit as the units of production increases is called
  1.    fixed curve
  2.    learning curve
  3.    linear curve
  4.    mixed curve
 Discuss Question
Answer: Option B. -> learning curve
Answer: (b).learning curve
Question 35. If the difference in costs is $16000 and the slope coefficient is 0.40, then difference in machine hours would be
  1.    $50,000
  2.    $5,400
  3.    $6,400
  4.    $40,000
 Discuss Question
Answer: Option D. -> $40,000
Answer: (d).$40,000
Question 36. The first step in estimation of cost function by using quantitative analysis is to
  1.    choose price estimation method
  2.    choose dependent variable
  3.    choose independent variable
  4.    choose revenue estimation method
 Discuss Question
Answer: Option B. -> choose dependent variable
Answer: (b).choose dependent variable
Question 37. Considering the relationship of variables, the relationship in which the activity cost is included in the dependent variable, which has similar cost driver is classified as
  1.    heterogeneous relationship
  2.    extreme relationship
  3.    no homogeneous relationship
  4.    homogeneous relationship
 Discuss Question
Answer: Option D. -> homogeneous relationship
Answer: (d).homogeneous relationship
Question 38. The method which considers the lowest and highest values of cost driver and cost within relevant range is called
  1.    low high method
  2.    constant equation
  3.    variable equation
  4.    high low method
 Discuss Question
Answer: Option D. -> high low method
Answer: (d).high low method
Question 39. If an unexplained variation is 350050 and the total variation is 700505, then coefficient of determination would be
  1.    3
  2.    0.5003
  3.    0.7003
  4.    2
 Discuss Question
Answer: Option B. -> 0.5003
Answer: (b).0.5003
Question 40. The vertical dashed line in graphical representation of cost function represents the
  1.    cost representation
  2.    irrelevant range
  3.    relevant range
  4.    graphical representation
 Discuss Question
Answer: Option C. -> relevant range
Answer: (c).relevant range

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