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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