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Cost accounting practice test MCQ: formal way of differentiating, between non-random and random variations, in manufacturing process is classified as with options statistical process control, statistical failure control, statistical control of prevention cost and statistical control of sunk cost for undergraduate students to compete in online entrance exams for postgraduate and PhD degree programs. Free study guide is for online learning analysing problems and improve quality quiz with MCQs to practice test questions with answers with MBA GMAT prep for online GMAT exam preparation. Analysing Problems and Improve Quality Video

MCQ: Formal way of differentiating, between non-random and random variations, in manufacturing process is classified as

1. statistical process control
2. statistical failure control
3. statistical control of prevention cost
4. statistical control of sunk cost

A

MCQ: Fishbone diagram is an example of

1. relevant costing diagram
2. cause and effect diagram
3. control chart
4. Pareto diagram

B

MCQ: Statistical quality control is also called

1. statistical process control
2. statistical failure control
3. statistical control of prevention cost
4. statistical control of sunk cost

A

MCQ: Graph which plots series of successive observations of specific procedure, operation or step at regular time intervals is called

1. relevant costing diagram
2. cause and effect diagram
3. control chart
4. pareto diagram

C

MCQ: Factors identified by cause and effect diagrams include

1. component and material factors
2. machine-related factors
3. human factors
4. all of above

D