A. plotting the data
B. plotting the costs
C. plotting the cost drivers
D. plotting curved line
Correct Answer: plotting the data ✔
Last Updated: May 11, 2023
Related MCQs
- In dependent variable cost pool, the relationship between individual cost items and cost drivers can be classified as __________?
- The method which considers the lowest and highest values of cost driver and cost within relevant range is called __________?
- If an unexplained variation is 350050 and the total variation is 700505, then coefficient of determination would be __________?
- The situation in which two or more independent variables are highly correlated is known as __________?
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- In the specification analysis, the assumptions related to linearity states but linearity must be within __________?
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- In plotting of cost functions, the level of activities according to which the charged cost is represented on __________?
- If an unexplained variation is 255050 and the total variation is 550505, then coefficient of determination will be __________?
- The cause and effect relationship that exists between change in total cost level and change in level of activity, is measured with the help of __________?
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- If the residual error is 51 and the predicted cost value is 37, then the observed cost value will be __________?
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- The function which is used to measure the decline in per unit cost of different business functions is classified as __________?
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- The Regression Analysis Method of quantitative analysis of cost function considers __________?
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- In regression analysis, if the observed cost value is 62 and predicted cost value is 29, then the disturbance term would be __________?
- The goodness of fit predicted values is also known as __________?
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