Cost Function and Behavior MCQs

Welcome to our comprehensive collection of Multiple Choice Questions (MCQs) on Cost Function and Behavior, a fundamental topic in the field of Cost Accounting. Whether you're preparing for competitive exams, honing your problem-solving skills, or simply looking to enhance your abilities in this field, our Cost Function and Behavior MCQs are designed to help you grasp the core concepts and excel in solving problems.

In this section, you'll find a wide range of Cost Function and Behavior mcq questions that explore various aspects of Cost Function and Behavior problems. Each MCQ is crafted to challenge your understanding of Cost Function and Behavior principles, enabling you to refine your problem-solving techniques. Whether you're a student aiming to ace Cost Accounting tests, a job seeker preparing for interviews, or someone simply interested in sharpening their skills, our Cost Function and Behavior MCQs are your pathway to success in mastering this essential Cost Accounting topic.

Note: Each of the following question comes with multiple answer choices. Select the most appropriate option and test your understanding of Cost Function and Behavior. You can click on an option to test your knowledge before viewing the solution for a MCQ. Happy learning!

So, are you ready to put your Cost Function and Behavior knowledge to the test? Let's get started with our carefully curated MCQs!

Cost Function and Behavior MCQs | Page 4 of 14

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Q31.
The slope coefficient is 0.75 and the difference in machine hours is $65000, then difference in cost would be
Discuss
Answer: (a).$86,667
Q32.
In regression equation, an evaluation criteria considers the significance of
Discuss
Answer: (a).independent variable
Q33.
The high-low method is used for estimation of
Discuss
Answer: (c).slope coefficient
Q34.
All the conditions or assumptions of regression analysis in simple regression can give
Discuss
Answer: (c).reliable estimates
Q35.
Industrial engineering method is used to analyze the relationship between
Discuss
Answer: (c).input and output
Q36.
The residual term is also considered as
Discuss
Answer: (d).both a and b
Q37.
The percentage of variation in the 'Y' explained by the 'X' is measured by
Discuss
Answer: (c).coefficient of determination
Q38.
The small residual terms and positive slope of line indicate
Discuss
Answer: (d).directly proportion
Q39.
An analysis of data over successive past periods, which pertain to some plant, activity and organization is called
Discuss
Answer: (c).time series
Q40.
The individual variable coefficient's multicollinearity leads to
Discuss
Answer: (c).increase in standard error