In accounting, the cost which is predicted to be incurred or future cost is known as ________?

Related Mcqs:

1. In accounting, the cost incurred in past or in historical financial statements is classified as ________?

   A. actual cost B. budgeted cost C. past cost D. incurred cost...

2. If an actual indirect cost incurred is $25000 and the indirect cost allocated is $23000, then the over allocated indirect cost would be ________?

   A. $48,000 B. −$2000 C. $2,000 D. −$48000...

3. The costs that are planned in future and has not been incurred are known as ___________?

   A. designed-in costs B. locked-in costs C. value added cost D. both a and b...

4. If the residual error is 35 and the predicted cost value is 20, then the observed cost value will be _________?

   A. 55 B. 15 C. 65 D. 85...

5. In regression analysis, if the predicted cost value is 65 and observed cost value is 19 then the disturbance term will be __________?

   A. 46 B. 56 C. 36 D. 76...

6. In regression analysis, if the observed cost value is 62 and predicted cost value is 29, then the disturbance term would be ____________?

   A. 33 B. 91 C. 81 D. 43...

7. If the residual error is 25 and the predicted cost value is 50, then the observed cost value would be ______________?

   A. 100 B. 25 C. 50 D. 75...

8. In Regression Analysis, if an observed cost value is 85 and the disturbance error is 25 then predicted cost value will be ___________?

   A. 110 B. 125 C. 60 D. 70...

9. In regression analysis, if an observed cost value is 65 and the disturbance error is 32 then predicted cost value will be __________?

   A. 97 B. 57 C. 33 D. 53...

10. In Regression Analysis, if an observed cost value is 85 and the disturbance error is 25 then predicted cost value will be ___________?

    A. 95 B. 50 C. 120 D. 100...