BBA Cost Accounting MCQs (BBA Finance) From Textbook

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BBA Cost Accounting Certification MCQs – Practice Test 11 (Chapter 11)

Cost Function and Behavior Quiz with Answers PDF Download – Test 11

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The Cost Function and Behavior Quiz Questions and Answers PDF (Cost Function and Behavior Quiz PDF e-Book) download Ch. 11-11 to learn BBA Cost Accounting Course. Practice Independent Variables MCQs, Cost Function and Behavior MCQ questions and answers PDF for online business management degree programs. The Cost Function and Behavior Quiz App Download: Free BBA Cost Accounting App to learn estimating cost function using quantitative analysis, quantitative analysis in marketing, estimating cost functions career test for online college courses.

The MCQ: An assumption, which states that there must be linear relationship between independent variable and dependent variable is; "Cost Function and Behavior Quiz" App (iOS, Android) with answers: relevant range of linearity, irrelevant range of linearity, significant range, and insignificant range to study online BBA courses. Study Process Costing System Quiz Questions, download Google Book (Free Chapter) for online business management degree programs.

Cost Function & Behavior Quiz – Practice Test 11 PDF Download

MCQ: 51

An assumption, which states that there must be linear relationship between independent variable and dependent variable is

  1. irrelevant range of linearity
  2. relevant range of linearity
  3. significant range
  4. insignificant range
MCQ: 52

The vertical difference, which measures distance between estimated and actual cost for every single observation is classified as

  1. residual term
  2. positive term
  3. negative term
  4. squared term
MCQ: 53

In cost accounting, the conference, quantitative analysis and account analysis methods are considered as

  1. cost estimation methods
  2. price estimation methods
  3. unit estimation method
  4. variable estimation method
MCQ: 54

The component of total cost, which never changes with change in level of production is classified as

  1. fixed cost
  2. constant
  3. variable
  4. both a and b
MCQ: 55

The strength of relationship between cost driver and cost is considered as

  1. badness of residual
  2. goodness of residual
  3. badness of fit
  4. goodness of fit

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