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Nonlinearity & Cost Functions Quiz Questions and Answers 77 PDF Download

Learn nonlinearity & cost functions quiz, online cost accounting test 77 for online courses, distance learning. Free accounting MCQs questions and answers to learn nonlinearity & cost functions MCQs with answers. Practice MCQs to test knowledge on nonlinearity and cost functions, independent variables, price and efficiency variance, estimating cost function using quantitative analysis, internal controls accounting for test to get into MBA.

Free nonlinearity & cost functions course worksheet has multiple choice quiz question as cost function, in which graph of total cost would not result in straight line is classified as with options nonlinear cost function, linear cost function, linear price function and nonlinear price function with problems solving answer key to test study skills for online e-learning, viva help and jobs' interview preparation tips, study cost function & behavior multiple choice questions based quiz question and answers. Nonlinearity & Cost Functions Video

Quiz on Nonlinearity & Cost Functions Quiz PDF Download Worksheet 77

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