BBA Cost Accounting Certification MCQs – Practice Test 27 (Chapter 11)

Cost Function and Behavior Quiz with Answers PDF Download – Test 27

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Cost Function & Behavior Quiz – Practice Test 27 PDF Download

MCQ 131: The first step in estimation of cost function by using quantitative analysis is to:

choose price estimation method
choose dependent variable
choose independent variable
choose revenue estimation method

MCQ 132: If an unexplained variation is 350050 and the total variation is 700505, then coefficient of determination would be:

3
0.5003
0.7003
2

MCQ 133: Considering the relationship of variables, the relationship in which the activity cost is included in the dependent variable, which has similar cost driver is classified as:

heterogeneous relationship
extreme relationship
no homogeneous relationship
homogeneous relationship

MCQ 134: The method which considers the lowest and highest values of cost driver and cost within relevant range is called:

low high method
constant equation
variable equation
high low method

MCQ 135: The vertical dashed line in graphical representation of cost function represents the:

cost representation
irrelevant range
relevant range
graphical representation

BBA Cost Accounting Quiz App & e-Book – Cost Function & Behavior Certification Guide

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