Cost Accounting Learning Notes & Technology Articles

Practice specification analysis estimation assumptions MCQs, accounting MCQs for online test prep. Cost function and behavior quiz has multiple choice questions (MCQ), specification analysis estimation assumptions quiz questions and answers as in specification analysis, assumptions related to residuals states must be, answer key with choices as worst, independent, dependent and good for competitive exam prep. Free study guide is to learn specification analysis estimation assumptions quiz online with MCQs to practice test questions with answers. Specification Analysis Estimation Assumptions Video

MCQ. In specification analysis, assumptions related to residuals states must be

1. worst
2. independent
3. dependent
4. good

B

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

1. real price data
2. real cost data
3. multiplier data
4. divisional data

B

MCQ. In assumptions testing, violation of constant variance is/ is called

1. heteroscedasticity
2. heterogeneous
3. homogenous
4. homoscedasticity

A

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

1. abnormality of residuals
2. normality of regression
3. normality of residuals
4. abnormality of regression

C

MCQ. Slope coefficient is 0.75 and difference in machine hours is \$65000 then difference in cost would be

1. \$86,667
2. \$48,750
3. \$85,000
4. \$55,000

A