An analysis of data over successive past periods, which pertain to some plant, activity and organization is called ___________?

Related Mcqs:

1. The cost analysis method, which uses mathematical method to use fit between past data observations and cost functions is termed as ___________?

   A. quantitative analysis method
   B. qualitative analysis method
   C. account analysis method
   D. conference analysis method

2. The relationship based on unrelated level of activity and past data of cost is measured with the help of __________?

   A. cost estimation
   B. price estimation
   C. unit estimation
   D. production estimation

3. The supplies, plant maintenance, plant rent, plant insurance and cleaning labor come under the type of costs called ____________?

   A. labor costs
   B. factory overhead costs
   C. finished costs
   D. manufacturing costs

4. The depreciation on plant equipment, salaries of plant managers and plant leasing costs are considered a _____________?

   A. fixed batch cost
   B. variable batch cost
   C. variable overhead cost
   D. fixed overhead cost

5. The graph which plots the series of successive observations of specific procedure, operation or step at regular time intervals is called ____________?

   A. relevant costing diagram
   B. cause and effect diagram
   C. control chart
   D. pareto diagram

6. The third step in estimation of cost function, by using quantitative analysis is collection of data for ___________?

   A. cost and cost object
   B. price and cost driver
   C. dependent variable and cost driver
   D. independent variable and cost driver

7. If the coefficients are similar for two accounting periods, then single cost relationship is estimated with the help of ___________?

   A. data of fixed cost
   B. cost driver of data
   C. pool of data
   D. cost object of data

8. In an activity based cost system; an activity/unit of work or task with differentiated purposes will be classified as __________?

   A. different task
   B. purpose cost
   C. an activity
   D. an allocation cost

9. In production, the variables such as level of activity or volume of company activity are known as ________?

   A. cost drivers
   B. timed drivers
   C. variable drivers
   D. fixed drivers

10. The normal activity range in which there is relationship between activity and costs is classified as _____________?

    A. relevant range
    B. irrelevant range
    C. cause range
    D. effective range