Specification Analysis : Estimation Assumptions MCQ (Multiple Choice Questions) PDF - 50

MCQ 246: An assumption of specification analysis, which states all the values of residuals which are uniformly scattered around regression line is classified as

1. abnormality of residuals
2. normality of regression
3. normality of residuals
4. abnormality of regression

MCQ 247: If the budgeted fixed manufacturing cost is $124000 and the per unit cost is $124, then budgeted production units can be

1. $4,000
2. $1,000
3. $2,000
4. $3,000

MCQ 248: The method of inventory costing, in which all variable and fixed manufacturing cost is considered as inventoriable cost can be termed as

1. absorption costing
2. variable costing
3. fixed costing
4. manufacturing cost

MCQ 249: The plan of action; how an organization meets its opportunities and capabilities is classified as

1. action plan
2. strategy
3. step wise plan
4. complex plan

MCQ 250: A concept which explains a received money in present time, is more valuable than money received in future is called

1. lead value of money
2. storage value of money
3. time value of money
4. cash value of money