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MBA Cost Accounting Prep Tests

MBA Cost Accounting Tests

Specification Analysis Estimation Assumptions MCQ with Answers PDF Download

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Accounting: Specification Analysis Estimation Assumptions MCQs PDF Download

MCQ: In the 'specification analysis', the assumptions related to residuals states must be

A) worst
B) independent
C) dependent
D) good

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

A) real price data
B) real cost data
C) multiplier data
D) divisional data

MCQ: In assumptions testing, the violation of the constant variance is called

A) heteroscedasticity
B) heterogeneous
C) homogenous
D) homoscedasticity

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

A) abnormality of residuals
B) normality of regression
C) normality of residuals
D) abnormality of regression

MCQ: The slope coefficient is 0.75 and the difference in machine hours is $65000, then difference in cost would be

A) $86,667
B) $48,750
C) $85,000
D) $55,000

Practice Tests: MBA Cost Accounting Exam Prep

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Accounting Exam Prep Tests
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Specification Analysis : Estimation Assumptions MCQs Book Questions

In the 'specification analysis', the assumptions related to residuals states must beIn response to challenges arisen by competitors and new entrants, the strategyThe time that a company takes to create and produce a new product is classified asIf the value added manufacturing time is 65 minutes, the total manufacturingThe number of observations in regression analysis is considered asIf an average inventory is 2000 units, annual relevant carrying cost of