BBA Cost Accounting MCQs – Practice Test 6 (Chapter 11)

Cost Function and Behavior MCQ with Answers PDF Download – Test 6

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Cost Function & Behavior MCQ – Practice Test 6 PDF Download

MCQ 26: A technique for estimating regression line, which minimizes the sum of vertical deviations squares is classified as:

variable technique
least square technique
indexed technique
fixed technique

MCQ 27: The type of relationship stating "how changes in cost driver drives cause changes in cost" will be termed as:

marginal plausibility
economic plausibility
financial plausibility
market plausibility

MCQ 28: The slope coefficient of cost function is zero because it intersects the:

x-axis at one
y-axis at constant
x-axis at constant
y-axis at one

MCQ 29: An assumption of specification analysis, which states all the values of residuals which are uniformly scattered around regression line is classified as:

abnormality of residuals
normality of regression
normality of residuals
abnormality of regression

MCQ 30: The goodness of fit is used to measure the wellness of:

actual values
predicted values
residual values
indexed values

Cost Function & Behavior MCQ App & e-Book – BBA Cost Accounting Entrance Exam

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