Q421
Open questionStrength of relationship between cost driver and cost is considered as
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Q422
Open questionIn regression equation Y = 6000' is a
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Q423
Open questionIn linear cost function, fixed cost is considered as
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Q424
Open questionDescription in mathematical form to represent changes in cost, with level of activity related to that cost is classified as
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Q425
Open questionIn step cost functions, cost is increased by
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Q426
Open questionIndividual activities such as machine setups, material handling, customer service and distribution of products are a part of
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Q427
Open questionA problem which arises because of presence of systematic pattern in residual value sequence is considered as
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Q428
Open questionIf difference between costs linked to highest and lowest observation of cost driver is $8000 and observation of cost driver is 40 machine hours, then slope coefficient will be
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Q429
Open questionStandard error of regression analysis is known as
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Q430
Open questionAn analysis and estimation method of cost, by classifying cost accounts as fixed or variable with respect for specific output level is considered as
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Q431
Open questionAn estimation of relationship between two or more independent variables and dependent variable is classified as
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Q432
Open questionSecond step for estimation of cost function by using quantitative analysis is to
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Q433
Open questionAn estimation of relationship between one independent variable and dependent variable is known as
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Q434
Open questionGoodness of fit predicted values is also known as
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Q435
Open questionFactor used to predict dependent variable is named as
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Q436
Open questionIn regression analysis, if observed cost value is 62 and predicted cost value is 29, then disturbance term would be
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Q437
Open questionAn amount by which total cost changes with respect to change in level of activity is classified as
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Q438
Open questionAn assumption of specification analysis states: any observation does not belong to any other observation's residual value, is classified as
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Q439
Open questionMost frequently used methods of quantitative analysis include
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Q440
Open questionIf residual error is 25 and predicted cost value is 50, then observed cost value would be
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