MBA Cost Accounting Practice Tests

MBA Cost Accounting Online Tests

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The MCQ: *Graphical representation of cost driver data and costs are considered as;* "Estimating Cost Function using Quantitative Analysis" App Download (Free) with answers: Plotting the data; Plotting the costs; Plotting the cost drivers; Plotting curved line; to learn online MBA accounting courses. Practice Estimating Cost Function using Quantitative Analysis Quiz Questions, download Apple eBook (Free Sample) for accredited online business management degree.

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

- disadvantage of low high method
- disadvantage of high low method
- advantage of high low method
- advantage of low high method

b

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

- plotting the data
- plotting the costs
- plotting the cost drivers
- plotting curved line

a

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

- write a liner function
- write price function
- write manufacturing function
- plot the data

d

*The large residual term and negative slope of line indicate*

- inverse proportion
- direct proportion
- badness proportions
- goodness proportion

a

*The success of cost reduction initiatives are evaluated by accurate*

- cyclical factors
- indexed technique
- price estimation
- cost estimation

d

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