A. plotting the data
B. plotting the costs
C. plotting the cost drivers
D. plotting curved line
Related Mcqs:
- 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 ____________?
A. $800
B. $400
C. $300
D. $600 - 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 __________?
A. $1,200
B. $1,400
C. $1,600
D. $1,800 - If the 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 _____________?
A. $16,000
B. $200
C. $400
D. $20,000 - The vertical dashed line in graphical representation of cost function represents the ________?
A. cost representation
B. irrelevant range
C. relevant range
D. graphical representation - The strength of relationship between cost driver and cost is considered as __________?
A. badness of residual
B. goodness of residual
C. badness of fit
D. goodness of fit - In the cause and effect relationship between cost level and cost driver, the inflationary price effects are removed by dividing cost through _______________?
A. price index
B. cost index
C. profit index
D. cost driver index - The weak relationship between cost and cost driver is indicated on a regression line, which is ___________?
A. curved
B. slightly sloped
C. completely sloped
D. dotted - The type of relationship stating “how changes in cost driver drives cause changes in cost” will be termed as ___________?
A. marginal plausibility
B. economic plausibility
C. financial plausibility
D. market plausibility - Considering the relationship of variables, the relationship in which the activity cost is included in the dependent variable, which has similar cost driver is classified as __________?
A. heterogeneous relationship
B. extreme relationship
C. no homogeneous relationship
D. homogeneous relationship - The relationship between cost and cost driver is economically plausible if the goodness of fit _________?
A. has meaning
B. has no meaning
C. has index values
D. has no index values
