BBA Cost Accounting Competitive Exam MCQs – Practice Test 5 (Chapter 11)

Cost Function and Behavior MCQs with Answers PDF Download – Test 5

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Free BBA Cost Accounting Study App Download with MCQ: "An implementation of activity based costing would be possible only if the accountants find"; with answers: handling of each activity, goodness of each activity, cost driver for each activity, and cost object for each activity. Solve Inventory Costing: Manufacturing Companies Quiz Questions, download Google e-Book (Free Chapter) for digital skill development.

Cost Function & Behavior MCQs – Practice Test 5 PDF Download

MCQ 21: An implementation of activity based costing would be possible only if the accountants find:

goodness of each activity
handling of each activity
cost driver for each activity
cost object for each activity

MCQ 22: In assumptions testing, the violation of the constant variance is called:

heteroscedasticity
heterogeneous
homogenous
homoscedasticity

MCQ 23: In the cause and effect relationship between cost level and cost driver, the inflationary price effects are removed by dividing cost through:

price index
cost index
profit index
cost driver index

MCQ 24: The weak relationship between cost and cost driver is indicated on a regression line, which is:

curved
slightly sloped
completely sloped
dotted

MCQ 25: For estimation of each cost pool for cost function, the attention must be paid to:

cost object hierarchy
management hierarchy
price hierarchy
cost hierarchy

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