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

View solution

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

View solution

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

View solution

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

View solution

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

View solution

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

View solution

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

View solution

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

View solution

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

View solution

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

View solution

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

View solution

Q. Evaluation criteria of regression equation must be considered as

View solution

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

View solution

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

View solution

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

View solution

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

View solution

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

View solution

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

View solution

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

View solution

Q. In assumptions testing, the violation of the constant variance is called

View solution