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MCQs

Total Questions : 138 | Page 9 of 14 pages
Question 81. The high-low method is used for estimation of
  1.    linear coefficient
  2.    cost coefficient
  3.    slope coefficient
  4.    price coefficient
 Discuss Question
Answer: Option C. -> slope coefficient
Answer: (c).slope coefficient
Question 82. Industrial engineering method is used to analyze the relationship between
  1.    marketing and financing
  2.    price and costs
  3.    input and output
  4.    units and batches
 Discuss Question
Answer: Option C. -> input and output
Answer: (c).input and output
Question 83. All the conditions or assumptions of regression analysis in simple regression can give
  1.    dependent estimation
  2.    independent estimation
  3.    reliable estimates
  4.    unreliable estimates
 Discuss Question
Answer: Option C. -> reliable estimates
Answer: (c).reliable estimates
Question 84. The relationship between cost and cost drivers is
  1.    stationary
  2.    not stationary
  3.    intrinsic
  4.    extrinsic
 Discuss Question
Answer: Option B. -> not stationary
Answer: (b).not stationary
Question 85. The range in which relationship exists between level of activity or total cost is called
  1.    functional range
  2.    relevant range
  3.    unit range
  4.    related range
 Discuss Question
Answer: Option B. -> relevant range
Answer: (b).relevant range
Question 86. The cost function, in which cost does not change with any change in level of activity is a part of
  1.    step price functions
  2.    step object functions
  3.    step constant functions
  4.    step cost functions
 Discuss Question
Answer: Option D. -> step cost functions
Answer: (d).step cost functions
Question 87. The cost pattern, in which production inputs are to be used in discrete functions, but the quantities are fractional, will be categorized as
  1.    continuously variable cost function
  2.    fixed cost function
  3.    mixed cost function
  4.    semi variable cost function
 Discuss Question
Answer: Option A. -> continuously variable cost function
Answer: (a).continuously variable cost function
Question 88. The relationship based on unrelated level of activity and past data of cost is measured with the help of
  1.    cost estimation
  2.    price estimation
  3.    unit estimation
  4.    production estimation
 Discuss Question
Answer: Option A. -> cost estimation
Answer: (a).cost estimation
Question 89. The fifth step in quantitative analysis of estimating cost function is to
  1.    estimate cost function
  2.    estimate price function
  3.    estimate supply function
  4.    estimate demand function
 Discuss Question
Answer: Option A. -> estimate cost function
Answer: (a).estimate cost function
Question 90. The cost function, in which the graph of total cost would not result in straight line is classified as
  1.    nonlinear cost function
  2.    linear cost function
  3.    linear price function
  4.    nonlinear price function
 Discuss Question
Answer: Option A. -> nonlinear cost function
Answer: (a).nonlinear cost function

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