BBA Cost Accounting MCQs – Practice Test 2 (Chapter 11)

Cost Function and Behavior MCQ with Answers PDF Download – Test 2

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Free Cost Function and Behavior Study App Download (iOS & Android) with MCQ: "Model which states decline in extra time needed to produce last unit, every time for the cumulative quantity of doubled units produced is classified as"; with answers: incremental cost learning model, incremental unit average model, incremental unit time learning model, and incremental price learning model. Practice Inventory Costing: Manufacturing Companies Quiz Questions, download Apple Book (Free Chapter) for e-learning success.

Cost Function & Behavior MCQ – Practice Test 2 PDF Download

MCQ 6: The model which states decline in extra time needed to produce last unit, every time for the cumulative quantity of doubled units produced is classified as:

incremental unit average model
incremental cost learning model
incremental unit time learning model
incremental price learning model

MCQ 7: A helpful technique, for accurate forecasts about costs to be incurred in future is a part of:

unit estimation
production estimation
cost estimation
price estimation

MCQ 8: In the 'specification analysis', the assumptions related to residuals states must be:

worst
independent
dependent
good

MCQ 9: The deviations between estimated regression line and the vertical deviations are classified as:

fixed terms
indexed terms
variable terms
residual terms

MCQ 10: In regression analysis, if the observed cost value is 50 and predicted cost value is 7, then the disturbance term will be:

BBA Cost Accounting Notes App & e-Book – Cost Function & Behavior Exam Prep

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