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# Specification Analysis : Estimation Assumptions Quiz PDF: Questions and Answers - 15

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The Quiz: In assumptions of specific analysis, the normality of residuals is satisfied with the use of; "Specification Analysis : Estimation Assumptions" App Download (Android & iOS) Free with answers real cost data, real price data, multiplier data and divisional data for online business accounting degree. Practice cost function and behavior questions and answers, Google eBook to download free sample for online business and administration degree.

## Specification Analysis : Estimation Assumptions Questions and Answers : Quiz 15

MCQ 71: In assumptions of specific analysis, the normality of residuals is satisfied with the use of

1. real price data
2. real cost data
3. multiplier data
4. divisional data

MCQ 72: The consideration of decreased operating income relative to budgeted amount, in static budget is classified as

1. revenue variance
2. cost variance
3. favorable variance
4. unfavorable variance

MCQ 73: An actual quantity of cost allocation base is \$56000, budgeted quantity of cost allocation base is \$17000, then the variable overhead efficiency variance is

1. \$39,000
2. \$49,000
3. \$59,000
4. \$73,000

MCQ 74: In quantitative analysis to estimate cost function, the fourth step is to

1. write a liner function
2. write price function
3. write manufacturing function
4. plot the data

MCQ 75: The flexible budget variance for the revenues of company is classified as

1. selling price variance
2. investment variance
3. profit variance
4. primary variance

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