Q. The cost function, in which cost does not change with any change in level of activity is a part of

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Q. The cost pattern, in which production inputs are to be used in discrete functions, but the quantities are fractional, will be categorized as

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Q. The range in which relationship exists between level of activity or total cost is called

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Q. The relationship based on unrelated level of activity and past data of cost is measured with the help of

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Q. The model which states decline in extra time needed to produce last unit, every time for the cumulative quantity of doubled units produced is classified as

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Q. A helpful technique, for accurate forecasts about costs to be incurred in future is a part of

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Q. In the 'specification analysis', the assumptions related to residuals states must be

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Q. The deviations between estimated regression line and the vertical deviations are classified as

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Q. In regression analysis, if the observed cost value is 50 and predicted cost value is 7, then the disturbance term will be

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Q. The number of observations in regression analysis is considered as

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Q. Estimation of cost functions of an ignoring information from all points, but considering two observation points, can be classified as

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Q. The graphical representation of cost driver data and costs are considered as

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Q. Evaluation criteria of regression equation must be considered as

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Q. In assumptions of specific analysis, the normality of residuals is satisfied with the use of

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Q. In quantitative analysis to estimate cost function, the fourth step is to

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Q. A concept used to define the learning curve in broader application is called

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Q. The large residual term and negative slope of line indicate

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Q. The success of cost reduction initiatives are evaluated by accurate

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Q. Which one of the following is the main advantage of quantitative method?

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Q. An implementation of activity based costing would be possible only if the accountants find

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