The individual variable coefficient’s multicollinearity leads to ___________?

Related Mcqs:

1. 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

2. In multicollinearity, the correlation coefficient between two independent variables must be greater than __________?

   A. 0.7
   B. 0.6
   C. 0.5
   D. 0.4

3. 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

4. An estimation of relationship between one independent variable and the dependent variable is known as ___________?

   A. simple regression
   B. Two way regression
   C. One variable series
   D. multiple regression

5. The relationship between independent variable and dependent variable must be ___________?

   A. general ledger
   B. non-achievable
   C. non measureable
   D. economically plausible

6. In dependent variable cost pool, the relationship between individual cost items and cost drivers can be classified as ___________?

   A. non homogeneous relationship
   B. homogeneous relationship
   C. an internal relationship
   D. an extreme relationship

7. The budgeted variable overhead rate, is multiplied to an actual quantity of allocation base, is to calculate variable manufacturing cost of overheads in ___________?

   A. direct costing method
   B. indirect costing method
   C. actual costing method
   D. normal costing method

8. If the selling price is $2500, variable manufacturing cost per unit is $1000 and variable marketing cost per unit is $500, then contribution margin per unit will be ___________?

   A. $4,000
   B. $2,500
   C. $1,000
   D. $15,000

9. An assumption, which states that there must be linear relationship between independent variable and dependent variable is __________?

   A. irrelevant range of linearity
   B. relevant range of linearity
   C. significant range
   D. insignificant range

10. If the selling price is $5000, variable manufacturing cost per unit is $1500 and variable marketing cost per unit is $500, then contribution margin per unit will be __________?

    A. $7,000
    B. $3,000
    C. $4,000
    D. $5,000