Accounting MCQs — Test 41
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Question 1
In the linear cost function which is y=a + bx, the objective is to find the ___________?
Question 2
The statistical method used to measure average change in dependent variable, with respect to change of one unit in independent variable is called ___________?
Question 3
A technique which minimizes sum of squared vertical difference, to determine the regression line is considered as _____________?
Question 4
The better fit between estimated cost and actual observations is represented by ___________?
Question 5
An estimated coefficient, which indicates the degree by which the estimated values are affected by random factors is known as ___________?
Question 6
In Regression Analysis, the testing of assumptions if these are true or not is classified as ___________?
Question 7
If the difference between costs linked to highest and lowest observation of cost driver is $36000 and observation of cost driver is 30 machine hours, then slope coefficient would be __________?
Question 8
The work measurement method of cost estimation is also called ___________?
Question 9
The worse fit between estimated cost and actual observations is shown on regression line with ___________?
Question 10
If the difference between costs linked to highest and lowest observation of cost driver is $27000 and observation of cost driver is 90 machine hours, then slope coefficient would be ____________?