The weak relationship between cost and cost driver is indicated on a regression line, which is ___________?

Related Mcqs:

1. 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...

2. 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...

3. 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...

4. 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...

5. 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...

6. 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...

7. 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...

8. 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...

9. The worse fit between estimated cost and actual observations is shown on regression line with ___________?

   A. larger residual terms B. zero residual terms C. variable residual terms D. smaller residual terms...

10. 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...