Cost Accounting Quizzes

Cost Accounting Quiz - Complete

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"An estimation of relationship between one independent variable and the dependent variable is known as" Quiz PDF: estimating cost function using quantitative analysis App APK with *two way regression, simple regression, one variable series, and multiple regression* choices for online business management classes. Solve cost function and behavior questions and answers to improve problem solving skills for free online classes.

**MCQ**: An estimation of relationship between one independent variable and the dependent variable is known as

simple regression

Two way regression

One variable series

multiple regression

a

**MCQ**: The wages and other benefits, provided to assembly line workers and operators of machine are classified under the

work in process costs

finished costs

direct manufacturing labor costs

indirect manufacturing labor costs

d

**MCQ**: The kind of cost which on elimination, would not reduce the perceived usefulness that customers can obtain by using the market offering is known as

designed-in costs

locked-in costs

value added cost

non-value added cost

d

**MCQ**: The compelling strategic plan, promoting coordination and providing framework of performance are

advantages of budget

disadvantages of budget

advantages of costing method

disadvantages of costing method

a

**MCQ**: In an actual quantity of cost allocation used, base is multiplied to an actual fixed overhead rates, to calculate

fixed manufacturing overhead cost

variable manufacturing overhead cost

indirect manufacturing overhead cost

direct manufacturing overhead cost

a

Analysing Problems and Improve Quality MCQ

Accrual Accounting Rate of Return Method MCQ

Variable and Fixed Overhead Costs MCQ

Common Costs MCQ

Nonlinearity and Cost Functions MCQ

Kaizen Budgeting MCQ

Absorption Costing MCQ

Flexible Budget: Cost Accounting MCQ

Budgets and Budgeting Cycle MCQ

Breakeven Point and Target Income MCQ

Estimating Cost Functions MCQ

Cost Estimation Functions MCQ