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Nonlinearity & Cost Functions Quiz Questions and Answers 77 PDF Download

Nonlinearity and cost functions quiz questions and answers, nonlinearity and cost functions online learning, MBA accounting test prep 77 for distance education eCourses. Undergraduate degree and master's degree eCourses MCQs on cost function and behavior quiz, nonlinearity and cost functions multiple choice questions to practice accounting quiz with answers. Learn nonlinearity and cost functions MCQs, career aptitude test on internal controls accounting, estimating cost function using quantitative analysis, price and efficiency variance, independent variables, nonlinearity and cost functions test for online history of accounting courses distance learning.

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Quiz on Nonlinearity & Cost Functions Worksheet 77Quiz PDF Download

Nonlinearity & Cost Functions Quiz

MCQ: Cost function, in which graph of total cost would not result in straight line is classified as

  1. nonlinear cost function
  2. linear cost function
  3. linear price function
  4. nonlinear price function

A

Independent Variables Quiz

MCQ: An assumption, which states that there must be linear relationship between independent variable and dependent variable is

  1. irrelevant range of linearity
  2. relevant range of linearity
  3. significant range
  4. insignificant range

B

Price & Efficiency Variance Quiz

MCQ: If flexible budget variance is $95000 and an actual cost is $40000, then flexible budget cost would be

  1. $135,000
  2. $45,000
  3. $50,000
  4. $55,000

D

Estimating Cost Function using Quantitative Analysis Quiz

MCQ: Vertical difference, which measures distance between estimated and actual cost for every single observation is classified as

  1. residual term
  2. positive term
  3. negative term
  4. squared term

A

Internal Controls Accounting Quiz

MCQ: Practice, which makes target more achievable by underestimating revenues or overestimating cost is called

  1. cost slack
  2. target slack
  3. budgetary slack
  4. revenue slack

C