BBA Cost Accounting Certification MCQs – Practice Test 3 (Chapter 11)

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Study Cost Function and Behavior Quiz App (iOS & Android) with MCQ: "Number of observations in regression analysis is considered as"; with answers: degree of average, degree of possibility, degree of variance, and degree of freedom. Study Inventory Costing: Manufacturing Companies Quiz Questions, download Google Book (Free Chapter) to enhance e-learning.

Cost Function & Behavior Quiz – Practice Test 3 PDF Download

MCQ 11: The number of observations in regression analysis is considered as:

degree of possibility
degree of average
degree of variance
degree of freedom

MCQ 12: 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

MCQ 13: 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

MCQ 14: Evaluation criteria of regression equation must be considered as:

goodness of fit
economic plausibility
significance of independent variable
all of above

MCQ 15: In assumptions of specific analysis, the normality of residuals is satisfied with the use of:

real price data
real cost data
multiplier data
divisional data

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

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