Q481
Open questionFunction used to measure decline in labour hours per unit as units of production increases is called
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Q482
Open questionIn linear cost function, which is y = a + bx, y is classified as
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Q483
Open questionIn specification analysis, assumptions related to linearity states but linearity must be within
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Q484
Open questionIn regression analysis, if predicted cost value is 65 and observed cost value is 19 then disturbance term will be
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Q485
Open questionIn adjustment issues of costing, database must consider wide range values of
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Q486
Open questionMethod, which considers cost and cost drivers of departments such as employee relations and process engineering is termed as
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Q487
Open questionExamples of nonlinear cost functions are
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Q488
Open questionRelationship between cost and cost driver is economically plausible if goodness of fit
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Q489
Open questionSituation in which two or more independent variables are highly correlated is known as
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Q490
Open questionFirst step in estimation of cost function by using quantitative analysis is to
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Q491
Open questionIf an unexplained variation is 350050 and total variation is 700505, then coefficient of determination would be
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Q492
Open questionConsidering relationship of variables, relationship in which activity cost is included in dependent variable, which has similar cost driver is classified as
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Q493
Open questionMethod which considers lowest and highest values of cost driver and cost within relevant range is called
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Q494
Open questionVertical dashed line in graphical representation of cost function represents the
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Q495
Open questionIn dependent variable cost pool, relationship between individual cost items and cost drivers can be classified as
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Q496
Open questionValue, which measures that how large is value of standard error in relevance to value of estimated coefficient is termed as
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Q497
Open questionChances of cost to be considered as variable are more, if the
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Q498
Open questionIf actual result is 11000, then flexible budget amount is
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Q499
Open questionFlexible budget variance for revenues of company is classified as
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Q500
Open questionIf actual selling price is 250 and actual units sold are 350, then selling price variance will be
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