Question 1

In the formula Y = F + VX,what does F refer to?

Accepted Answer

A) the slope 
B) the intercept 
C) the dependent variable 
D) the independent variable 
A) the slope 
B) the intercept 
C) the dependent variable 
D) the independent variable

Question 2

What is the coefficient of determination?

Accepted Answer

A) It is a measure of the variability of actual costs around the cost-estimating equation. 
B) It is used to construct probability intervals for cost estimates. 
C) It is a standardized measure of the degree to which two variables move together. 
D) It is a measure of the percentage variation in the dependent variable that is explained by the cost estimating equation. 
A) It is a measure of the variability of actual costs around the cost-estimating equation. 
B) It is used to construct probability intervals for cost estimates. 
C) It is a standardized measure of the degree to which two variables move together. 
D) It is a measure of the percentage variation in the dependent variable that is explained by the cost estimating equation.

In the formula Y = F + VX,what does F refer to?

What is the coefficient of determination?

A: Basic Cost Management Concepts

B: Basic Cost Management Concepts

Cost-Volume-Profit Analysis

Job-Order Costing Systems

Process Costing

Activity-Based Costing

Allocating Costs of Support Departments and Joint Products

Budgeting for Planning and Control

Standard Costing: a Functional-Based Control Approach

Responsibility Accounting,performance Evaluation,and Transfer Pricing

Tactical Decision Making

Pricing and Profitability Analysis

Strategic Cost Management

Activity-Based Management

The Balanced Scorecard: Strategic-Based Control

Quality and Environmental Cost Management

Lean Accounting and Productivity Measurement

Inventory Management: Economic Order Quantity,jit,and the Theory of Constraints

Filters

Exam 2: Cost Behaviour

In the formula Y = F + VX,what does F refer to?

What is the coefficient of determination?

A: Basic Cost Management Concepts

B: Basic Cost Management Concepts

Cost-Volume-Profit Analysis

Job-Order Costing Systems

Process Costing

Activity-Based Costing

Allocating Costs of Support Departments and Joint Products

Budgeting for Planning and Control

Standard Costing: a Functional-Based Control Approach

Responsibility Accounting,performance Evaluation,and Transfer Pricing

Tactical Decision Making

Pricing and Profitability Analysis

Strategic Cost Management

Activity-Based Management

The Balanced Scorecard: Strategic-Based Control

Quality and Environmental Cost Management

Lean Accounting and Productivity Measurement

Inventory Management: Economic Order Quantity,jit,and the Theory of Constraints

Filters