Specification Analysis : Estimation Assumptions Questions and Answers PDF Download eBook
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Trivia Quiz on Specification Analysis : Estimation Assumptions PDF Download eBook
MCQ: The individual variable coefficient's multicollinearity leads to
- decrease in variance
- increase in variance error
- increase in standard error
- decrease in standard error
C
MCQ: The constant variance is classified in assumptions testing as
- homogenous
- homoscedasticity
- heteroscedasticity
- heterogeneous
B
MCQ: The revenue and throughput contribution is subtracted to calculate the
- indirect labor cost of goods sold
- direct labor cost of goods sold
- direct material cost of goods sold
- indirect material cost of goods sold
C
MCQ: The production units that do not meet customer specification, but can be sold to other customers as finished goods are classified as
- reduced work
- spoilage
- rework
- scrap
C
MCQ: If the static budget amount is $6200 and the flexible budget amount is $4500, then the sales volume variance will be
- $6,200
- $1,700
- $17,000
- $4,500
B