BBA Cost Accounting MCQs – Practice Test 23 (Chapter 11)

Cost Function and Behavior Quiz with Answers PDF Download – Test 23

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Cost Function & Behavior Quiz – Practice Test 23 PDF Download

MCQ 111: In estimation of cost function, an example of independent variable is:

level of activity
quantity stored
quantity manufactured
quality of product

MCQ 112: In regression analysis, if an observed cost value is 65 and the disturbance error is 32 then predicted cost value will be:

MCQ 113: The formula of 1 - unexplained variation ⁄ total variation is used to calculate:

coefficient of determination
coefficient of index
coefficient of residual
coefficient of prediction

MCQ 114: The cause and effect relationship that exists between change in total cost level and change in level of activity, is measured with the help of:

production driver
cost driver
price driver
estimation driver

MCQ 115: The cost that has elements of variable and fixed costs at the same time is:

variable cost
mixed cost
semi variable cost
Both B and C

Cost Function & Behavior Quiz App & e-Book – BBA Cost Accounting Study Material

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