Q. An amount by which the total cost changes with respect to the change in level of activity is classified as

View solution

Q. An assumption of specification analysis states: any observation does not belong to any other observation's residual value, is classified as

View solution

Q. The most frequently used methods of quantitative analysis include

View solution

Q. If the residual error is 25 and the predicted cost value is 50, then the observed cost value would be

View solution

Q. In multicollinearity, the correlation coefficient between two independent variables must be greater than

View solution

Q. If the coefficients are similar for two accounting periods, then single cost relationship is estimated with the help of

View solution

Q. The relationship between independent variable and dependent variable must be

View solution

Q. In adjustment issues of costing, the database must contain reliable measure of

View solution

Q. If the difference in costs is $7000 and the difference in machine hours of is $18000, then slope coefficient would be

View solution

Q. In adjustment issues and data collection, the inflation affects the

View solution

Q. The higher level of production leads to

View solution

Q. The method of estimation of cost function, by making the opinions and analysis about cost and cost drivers is classified as

View solution

Q. Within the relevant range, the cost function in which cost does not change in narrow ranges of activity is called

View solution

Q. In the linear cost function which is y=a + bx, the objective is to find the

View solution

Q. The statistical method used to measure average change in dependent variable, with respect to change of one unit in independent variable is called

View solution

Q. The line which uses to join observations with lower and highest values of cost driver is called

View solution

Q. A technique which minimizes sum of squared vertical difference, to determine the regression line is considered as

View solution

Q. In Regression Analysis, if an observed cost value is 85 and the disturbance error is 25 then predicted cost value will be

View solution

Q. The better fit between estimated cost and actual observations is represented by

View solution

Q. If an unexplained variation is 456870 and the total variation is 955000, then the coefficient of determination will be

View solution