Nonlinearity and cost functions quiz, nonlinearity and cost functions MCQs with answers, MBA accounting test prep 77 to learn MBA courses for online accounting degree. Cost function and behavior quiz questions and answers, nonlinearity and cost functions multiple choice questions (MCQs) to practice accounting quiz with answers for online colleges and universities courses. Learn nonlinearity and cost functions MCQs, estimating cost function using quantitative analysis, price and efficiency variance, independent variables, nonlinearity and cost functions test prep for finance certifications.

Learn nonlinearity and cost functions test with multiple choice question (MCQs): cost function, in which graph of total cost would not result in straight line is classified as, with choices nonlinear cost function, linear cost function, linear price function, and nonlinear price function for online associates degree business. Learn cost function and behavior questions and answers for problem-solving, merit scholarships assessment test for CPA certification. Nonlinearity & Cost Functions Video

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