Learn cost estimation functions quiz questions, online cost accounting quiz 182 to practice. Free accounting MCQs questions and answers to learn cost estimation functions MCQs with answers. Practice MCQs to test knowledge on cost estimation functions, regression line, allocating costs: operating departments, residual income, concept of relevance worksheets.

Free cost estimation functions worksheet has multiple choice quiz question as cost that has elements of variable and fixed costs at same time is, answer key with choices as variable cost, mixed cost, semi variable cost and both b and c problem solving to test study skills. For viva learning help and jobs' interview preparation tips, study online cost function & behavior multiple choice questions based quiz question and answers. Cost Estimation Functions Video

Cost Estimation Functions Quiz

MCQ. Cost that has elements of variable and fixed costs at same time is

1. variable cost
2. mixed cost
3. semi variable cost
4. Both B and C

D

Regression Line Quiz

MCQ. If an unexplained variation is 255050 and total variation is 550505, then coefficient of determination will be

1. 0.5063
2. 0.4633
3. 2.16
4. 0.5367

D

Allocating Costs: Operating Departments Quiz

MCQ. Approaches to allocate costs of support department do not include

1. sales mix allocation method
2. dual-rate cost-allocation method
3. single rate cost allocation method
4. both b and c

D

Residual Income Quiz

MCQ. Rupee amount for required return of investment is subtracted from income to calculate

1. net income
2. after tax income
3. residual income
4. operating income

C

Concept of Relevance Quiz

MCQ. In broader categories, outcomes of decisions are classified as

1. sunk factors
2. quantitative factors
3. qualitative factors
4. both B and C

D