# Estimating Cost Function using Quantitative Analysis MCQs Quiz Online PDF Download

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## MCQs on Estimating Cost Function using Quantitative AnalysisQuiz PDF Download

MCQ: Estimation of cost functions of an ignoring information from all points, but considering two observation points, can be classified as

- disadvantage of low high method
- disadvantage of high low method
- advantage of high low method
- advantage of low high method

B

MCQ: Graphical representation of cost driver data and costs are considered as

- plotting data
- plotting costs
- plotting cost drivers
- plotting curved line

A

MCQ: In quantitative analysis to estimate cost function, fourth step is to

- write a liner function
- write price function
- write manufacturing function
- plot data

D

MCQ: Large residual term and negative slope of line indicate

- inverse proportion
- direct proportion
- badness proportions
- goodness proportion

A

MCQ: Success of cost reduction initiatives are evaluated by accurate

- cyclical factors
- indexed technique
- price estimation
- cost estimation

D