Bachelor Of Business Administration

Cost Accounting Quizzes

Cost Accounting BBA MCQs - Complete

Specification Analysis : Estimation Assumptions Quizzes Online MCQs p. 50

Specification Analysis Estimation Assumptions quiz questions, specification analysis estimation assumptions multiple choice questions and answers PDF 50 to learn Cost Accounting BBA course for college certification. Practice "Cost Function and Behavior" quiz, specification analysis estimation assumptions Multiple Choice Questions (MCQ) for online college degrees. Free specification analysis : estimation assumptions MCQs, discounted cash flow, budgets and budgeting cycle, inventory costing: manufacturing companies, inventory costing methods, specification analysis : estimation assumptions test prep for online classes for business management degree.

"An assumption of specification analysis, which states all the values of residuals which are uniformly scattered around regression line is classified as", specification analysis estimation assumptions Multiple Choice Questions (MCQ) with choices normality of regression, abnormality of residuals, normality of residuals, and abnormality of regression for online business administration degree classes. Learn cost function and behavior questions and answers to improve problem solving skills for BA in business administration.

Specification Analysis : Estimation Assumptions Questions and Answers

1.

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

2.

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

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

3.

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

absorption costing
variable costing
fixed costing
manufacturing cost

4.

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

action plan
strategy
step wise plan
complex plan

5.

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

lead value of money
storage value of money
time value of money
cash value of money