The type of relationship stating “how changes in cost driver drives cause changes in cost” will be termed as ___________?

Related Mcqs:

1. 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

2. 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

3. The cost pool category, which have the similar cause and effect relationship, with each cost driver uses as an allocation base is classified as __________?

   A. heterogeneous price pool
   B. homogenous cost pool
   C. heterogeneous cost pool
   D. homogenous price pool

4. 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

5. 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

6. 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

7. 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

8. 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

9. 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

10. 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