# Specification Analysis : Estimation Assumptions Quiz Questions and Answers 98 PDF Download

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Practice specification analysis estimation assumptions career test with multiple choice question (MCQs): a problem which arises because of presence of systematic pattern in residual value sequence is considered as, for online business degree programs with options parallel correlation, serial correlation, auto correlation for accredited online mba programs. Learn cost function and behavior questions and answers with problem-solving skills assessment test to prepare entrance exam for admission in top executive MBA programs. Specification Analysis : Estimation Assumptions Video

## Quiz on Specification Analysis : Estimation Assumptions Worksheet 98Quiz PDF Download

Specification Analysis : Estimation Assumptions Quiz

MCQ: A problem which arises because of presence of systematic pattern in residual value sequence is considered as

- parallel correlation
- serial correlation
- auto correlation
- both B and C

D

Flexible Budget: Cost Accounting Quiz

MCQ: Static budget amount is subtracted from flexible budget amount to calculate the

- sales budget variance
- cost budget variance
- resultant budget variance
- static budget variance

A

Estimating Cost Function using Quantitative Analysis Quiz

MCQ: If difference between costs linked to highest and lowest observation of cost driver, is $8000 and observation of cost driver is 40 machine hours, then slope coefficient will be

- $16,000
- $200
- $400
- $20,000

B

Building Block Concepts of Costing Systems Quiz

MCQ: If an actual manufacturing overhead costs is $225000 and actual total quantity of cost allocation base is 2500 labor hours, then overhead rate will be

- $60
- $90
- $80
- $70

B

Gross Margin Calculations Quiz

MCQ: Gross margin is $7000 and revenues are $16000, then cost of goods sold would be

- $23,000
- −$23000
- −$9000
- $9,000

D