Accounting MCQs — Test 38

Page 1 of 3

Question 1

The target price is subtracted from per unit target operating income to calculate __________?

Question 2

An estimated cost per unit in long run, which enables the company to achieve it’s per unit target, operating income is classified as ___________?

Question 3

The target annual operating income is divided with invested capital to calculate _____________?

Question 4

If the cost base is $350 and the markup component is 11% then prospective selling price will be __________?

Question 5

In dependent variable cost pool, the relationship between individual cost items and cost drivers can be classified as ___________?

Question 6

The method which considers the lowest and highest values of cost driver and cost within relevant range is called ____________?

Question 7

If an unexplained variation is 350050 and the total variation is 700505, then coefficient of determination would be ____________?

Question 8

In Regression Analysis, if an observed cost value is 85 and the disturbance error is 25 then predicted cost value will be ___________?

Question 9

The situation in which two or more independent variables are highly correlated is known as ___________?

Question 10

The examples of nonlinear cost functions are _____________?