Estimating Cost Function using Quantitative Analysis MCQs Test Online PDF Download

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MCQ 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

  1. disadvantage of low high method
  2. disadvantage of high low method
  3. advantage of high low method
  4. advantage of low high method

B

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

  1. plotting data
  2. plotting costs
  3. plotting cost drivers
  4. plotting curved line

A

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

  1. write a liner function
  2. write price function
  3. write manufacturing function
  4. plot data

D

MCQ: Large residual term and negative slope of line indicate

  1. inverse proportion
  2. direct proportion
  3. badness proportions
  4. goodness proportion

A

MCQ: Success of cost reduction initiatives are evaluated by accurate

  1. cyclical factors
  2. indexed technique
  3. price estimation
  4. cost estimation

D