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MCQOPTIONS
This section includes 64577 Mcqs, each offering curated multiple-choice questions to sharpen your General Knowledge knowledge and support exam preparation. Choose a topic below to get started.
| 4751. |
In a given scenario, if the cost is considered as indirect cost then independent variable is considered as |
| A. | demand allocation base |
| B. | supply allocation base |
| C. | cost allocation base |
| D. | price allocation base |
| Answer» D. price allocation base | |
| 4752. |
In the regression equation Y = $6000 + (per unit cost x number of units), the '$6000' is classified as |
| A. | constant |
| B. | variable |
| C. | expression |
| D. | base and exponent |
| Answer» B. variable | |
| 4753. |
The slope coefficient of cost function is zero because it intersects the |
| A. | x-axis at one |
| B. | y-axis at constant |
| C. | x-axis at constant |
| D. | y-axis at one |
| Answer» C. x-axis at constant | |
| 4754. |
In plotting of cost functions, the level of activities according to which the cost is charged is represented on |
| A. | x-axis |
| B. | y-axis |
| C. | unit axis |
| D. | term axis |
| Answer» B. y-axis | |
| 4755. |
In regression equation, the evaluation criteria considers the significance of |
| A. | independent variable |
| B. | dependent variable |
| C. | significance plotting |
| D. | insignificance plotting |
| Answer» B. dependent variable | |
| 4756. |
The type of relationship stating how changes in cost driver drives causes changes in cost is classified as |
| A. | marginal plausibility |
| B. | economic plausibility |
| C. | financial plausibility |
| D. | market plausibility |
| Answer» C. financial plausibility | |
| 4757. |
In cost accounting, the conference method, quantitative analysis method and account analysis method are considered as |
| A. | cost estimation methods |
| B. | price estimation methods |
| C. | unit estimation method |
| D. | variable estimation method |
| Answer» B. price estimation methods | |
| 4758. |
The assumption of specification analysis which states that any observation does not belongs to any other observation's residual value is classified as |
| A. | independence of residuals |
| B. | dependence of residuals |
| C. | independence of correlation |
| D. | dependence of residuals |
| Answer» B. dependence of residuals | |
| 4759. |
The deviations between estimated regression line and the vertical deviations are classified as |
| A. | fixed terms |
| B. | indexed terms |
| C. | variable terms |
| D. | residual terms |
| Answer» E. | |
| 4760. |
Of the individual variable coefficient's, the mulitcollinearity leads to |
| A. | decrease in variance |
| B. | increase in variance error |
| C. | increase in standard error |
| D. | decrease in standard error |
| Answer» D. decrease in standard error | |
| 4761. |
If the residual error is 25 and the predicted cost value is 50 then the observed cost value is |
| A. | 100 |
| B. | 25 |
| C. | 50 |
| D. | 75 |
| Answer» E. | |
| 4762. |
The situation in which two or more independent variables are highly correlated is classified as |
| A. | price linearity |
| B. | cost linearity |
| C. | division linearity |
| D. | multi-collinearity |
| Answer» E. | |
| 4763. |
The model which states decline in extra time needed to produce last unit, for every time the cumulative quantity of units produced is doubled is classified as |
| A. | incremental unit average model |
| B. | incremental cost learning model |
| C. | incremental unit time learning model |
| D. | incremental price learning model |
| Answer» D. incremental price learning model | |
| 4764. |
In quantitative analysis of estimating cost function, the fifth step is to |
| A. | estimate cost function |
| B. | estimate price function |
| C. | estimate supply function |
| D. | estimate demand function |
| Answer» B. estimate price function | |
| 4765. |
If the coefficients are similar for two accounting periods then single cost relationship is estimated with help of |
| A. | data of fixed cost |
| B. | cost driver of data |
| C. | pool of data |
| D. | cost object of data |
| Answer» D. cost object of data | |
| 4766. |
In regression analysis, the observed cost value is 65 and the disturbance error is 32 then predicted cost value is |
| A. | 97 |
| B. | 57 |
| C. | 33 |
| D. | 53 |
| Answer» D. 53 | |
| 4767. |
in linear cost function, the fixed cost is considered as |
| A. | constant |
| B. | variable |
| C. | exponent |
| D. | base |
| Answer» B. variable | |
| 4768. |
In adjustment issues of costing, the database must consider wide range of values of |
| A. | fixed object |
| B. | cost driver |
| C. | cost object |
| D. | mixed object |
| Answer» C. cost object | |
| 4769. |
The problem arises because of the presence of systematic pattern in residual value sequence is considered as |
| A. | parallel correlation |
| B. | serial correlation |
| C. | auto correlation |
| D. | Both B and C |
| Answer» E. | |
| 4770. |
In estimation of cost functions, the variations in a single activity level represents the |
| A. | related total costs |
| B. | related fixed cost |
| C. | related variable cost |
| D. | related per unit cost |
| Answer» B. related fixed cost | |
| 4771. |
The work measurement method of cost estimation is also called |
| A. | price engineering method |
| B. | industrial engineering method |
| C. | measuring engineering method |
| D. | unit engineering method |
| Answer» C. measuring engineering method | |
| 4772. |
The slope coefficient of linear cost function is |
| A. | zero |
| B. | one |
| C. | two |
| D. | three |
| Answer» B. one | |
| 4773. |
The estimation of relationship between one independent variable and the dependent variable is classified as |
| A. | simple regression |
| B. | two way regression |
| C. | one variable series |
| D. | multiple regression |
| Answer» B. two way regression | |
| 4774. |
The method which considers the cost and cost drivers of departments such as employee relations and process engineering is classified as |
| A. | pricing method |
| B. | manufacturing method |
| C. | conference method |
| D. | inference method |
| Answer» D. inference method | |
| 4775. |
The function which is used to measure the decline in per unit cost of different business functions is classified as |
| A. | mixed curve |
| B. | experience curve |
| C. | discrete curve |
| D. | fixed curve |
| Answer» C. discrete curve | |
| 4776. |
The vertical difference which measures distance between estimated and actual cost for every single observation is classified as |
| A. | residual term |
| B. | positive term |
| C. | negative term |
| D. | squared term |
| Answer» B. positive term | |
| 4777. |
The slope coefficient is 0.60 and the difference in machine hours is $50000 then difference in cost is |
| A. | $68,700 |
| B. | $58,700 |
| C. | $30,000 |
| D. | $83,333.34 |
| Answer» D. $83,333.34 | |
| 4778. |
The learning curve models includes |
| A. | cumulative average time learning model |
| B. | incremental unit time learning model |
| C. | incremental production learning model |
| D. | both a and b |
| Answer» E. | |
| 4779. |
The lower level of production leads to |
| A. | higher setup cost |
| B. | lower repair cost |
| C. | higher setup cost |
| D. | higher repair cost |
| Answer» C. higher setup cost | |
| 4780. |
The statistical method used to measure average change in dependent variable with respect to change of one unit in independent variable is called |
| A. | times series method |
| B. | time horizon method |
| C. | aggression method |
| D. | regression method |
| Answer» E. | |
| 4781. |
If the difference in costs is $7000 and the difference in machine hours of is $18000 then slope coefficient is |
| A. | 2.571 |
| B. | 0.39 |
| C. | 0.2571 |
| D. | 3.39 |
| Answer» C. 0.2571 | |
| 4782. |
In regression analysis, if the observed cost value is 62 and predicted cost value is 29 then the disturbance term is |
| A. | 33 |
| B. | 91 |
| C. | 81 |
| D. | 43 |
| Answer» B. 91 | |
| 4783. |
The technique which is helpful for accurate forecasts about costs to be incurred in future is classified as |
| A. | unit estimation |
| B. | production estimation |
| C. | cost estimation |
| D. | price estimation |
| Answer» D. price estimation | |
| 4784. |
In dependent variable cost pool, the relationship between individual cost items and cost drivers is classified as |
| A. | no homogenous relationship |
| B. | homogenous relationship |
| C. | heterogeneous relationship |
| D. | extreme relationship |
| Answer» B. homogenous relationship | |
| 4785. |
The formula of 1 - unexplained variation⁄total variation is used to calculate |
| A. | coefficient of determination |
| B. | coefficient of index |
| C. | coefficient of residual |
| D. | coefficient of prediction |
| Answer» B. coefficient of index | |
| 4786. |
In regression analysis, the observed cost value is 85 and the disturbance error is 35 then predicted cost value is |
| A. | 95 |
| B. | 50 |
| C. | 120 |
| D. | 100 |
| Answer» C. 120 | |
| 4787. |
In the specification analysis, the assumptions related to variance states that |
| A. | variance of residuals is constant |
| B. | variance of goodness is constant |
| C. | goodness of fit is constant |
| D. | standard error is constant |
| Answer» B. variance of goodness is constant | |
| 4788. |
The budgeted total cost in indirect cost pool is divided by budgeted total quantity of cost allocation base to calculate |
| A. | budgeted direct cost rate |
| B. | budgeted indirect cost rate |
| C. | expected indirect cost rate |
| D. | direct budget percentage |
| Answer» C. expected indirect cost rate | |
| 4789. |
The value creation practices such as evangelizing and justifying is classified as |
| A. | social networking |
| B. | impression management |
| C. | community engagement |
| D. | brand use |
| Answer» C. community engagement | |
| 4790. |
In value stages, the customer mind-set must consider |
| A. | associations |
| B. | communications |
| C. | cost structure |
| D. | stock price |
| Answer» B. communications | |
| 4791. |
The retention spending level and retention rate is influence of the dimension of customer lifetime value is classified as |
| A. | visualization |
| B. | acquisition |
| C. | add-on spending |
| D. | retention |
| Answer» E. | |
| 4792. |
The stage which describes extrinsic properties to meet customers social needs is considered as |
| A. | brand salience |
| B. | brand performance |
| C. | brand imagery |
| D. | brand feelings |
| Answer» D. brand feelings | |
| 4793. |
The goal of customer relationship management is to produce |
| A. | medium customer equity |
| B. | high customer equity |
| C. | low customer equity |
| D. | equity portfolio |
| Answer» C. low customer equity | |
| 4794. |
The esteem and knowledge together creates |
| A. | brand awareness |
| B. | brand knowledge |
| C. | brand stature |
| D. | brand value |
| Answer» D. brand value | |
| 4795. |
The product or service that can be differentiated to that of competitors but can satisfy the same need is classified as |
| A. | customized brands |
| B. | super brands |
| C. | brand |
| D. | value products |
| Answer» D. value products | |
| 4796. |
The assessment of brand equity potential source by tracking consumer knowledge structure is called |
| A. | direct approach |
| B. | indirect approach |
| C. | internal assessment |
| D. | external assessment |
| Answer» C. internal assessment | |
| 4797. |
The way customers think and act in terms of prices and market share is classified as |
| A. | branding |
| B. | valuing |
| C. | advertising |
| D. | brand equity |
| Answer» E. | |
| 4798. |
The process of how effectively existing brand equity leveraged to a new product is considered as |
| A. | potential extensions |
| B. | lifetime extensions |
| C. | bait extensions |
| D. | visual extensions |
| Answer» B. lifetime extensions | |
| 4799. |
The name, symbol or design or combination of all of these with intention to differentiate products is classified as |
| A. | brand |
| B. | value products |
| C. | customized brands |
| D. | super brands |
| Answer» B. value products | |
| 4800. |
The number of common and distinctive elements of brand are reflected as |
| A. | brand earnings |
| B. | brand responsiveness |
| C. | brand architecture |
| D. | branding rate |
| Answer» D. branding rate | |