Question

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

a.

real price data

b.

real cost data

c.

multiplier data

d.

divisional data

Posted under Cost Accounting

Answer: (b).real cost data

Interact with the Community - Share Your Thoughts

Uncertain About the Answer? Seek Clarification Here.

Understand the Explanation? Include it Here.

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

Similar Questions

Explore Relevant Multiple Choice Questions (MCQs)

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

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

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

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

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

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

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

Q. In the cause and effect relationship between cost level and cost driver, the inflationary price effects are removed by dividing cost through

Q. The weak relationship between cost and cost driver is indicated on a regression line, which is

Q. For estimation of each cost pool for cost function, the attention must be paid to

Q. A technique for estimating regression line, which minimizes the sum of vertical deviations squares is classified as

Q. The type of relationship stating "how changes in cost driver drives cause changes in cost" will be termed as

Q. The slope coefficient of cost function is zero because it intersects the

Q. An assumption of specification analysis, which states all the values of residuals which are uniformly scattered around regression line is classified as

Q. The goodness of fit is used to measure the wellness of

Q. The slope coefficient is 0.75 and the difference in machine hours is $65000, then difference in cost would be

Q. In regression equation, an evaluation criteria considers the significance of

Q. The high-low method is used for estimation of

Q. All the conditions or assumptions of regression analysis in simple regression can give

Q. Industrial engineering method is used to analyze the relationship between

Recommended Subjects

Are you eager to expand your knowledge beyond Cost Accounting? We've handpicked a range of related categories that you might find intriguing.

Click on the categories below to discover a wealth of MCQs and enrich your understanding of various subjects. Happy exploring!