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Cost Accounting

The regression equation of y on x is 3x – 5y = – 12 and regression equation of x on y is2x – y = 7. The value of y when x = 10 is

» Fundamentals of Business Statistics solved MCQs /
Question:

The regression equation of y on x is 3x – 5y = – 12 and regression equation of x on y is2x – y = 7. The value of y when x = 10 is

A.

8.4

B.

6.5

C.

7

D.

9

Answer» a. 8.4

Note: The above multiple-choice question is for all general and Competitive Exams in India. 

The regression equation of y on x is 3x – 5y = – 12 and regression equation of x on y is2x – y = 7. The value of y when x = 10 is Read More »

» Fundamentals of Business Statistics solved MCQs

The costs are differentiated between fixed and variable costs under

» Fundamentals of Costing solved MCQs /
Question:

The costs are differentiated between fixed and variable costs under

A.

Marginal Costing

B.

Direct Costing

C.

Standard Costing

D.

Absorption Costing

Answer» a. Marginal Costing

Note: The above multiple-choice question is for all general and Competitive Exams in India. 

The costs are differentiated between fixed and variable costs under Read More »

» Fundamentals of Costing solved MCQs

In a firm doubles all inputs, and output doubles as well, the firm is subject to

» Fundamentals of Economics solved MCQs /
Question:

In a firm doubles all inputs, and output doubles as well, the firm is subject to

A.

constant returns to scale

B.

increasing returns to scale

C.

decreasing returns to scale

D.

economies of scale

Answer» a. constant returns to scale

Note: The above multiple-choice question is for all general and Competitive Exams in India. 

In a firm doubles all inputs, and output doubles as well, the firm is subject to Read More »

» Fundamentals of Economics solved MCQs

Which of the following statement is correct about business ethics?

» Laws and Ethics solved MCQs /
Question:

Which of the following statement is correct about business ethics?

A.

Social responsibility and business ethics are considered different concepts

B.

Making higher profits should be the main objective of a business

C.

A business may sustain only if it cares for society

D.

Companies making ethical investments may not be able to compete

Answer» c. A business may sustain only if it cares for society

Note: The above multiple-choice question is for all general and Competitive Exams in India. 

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» Laws and Ethics solved MCQs

For production planning:

» Operations Management and Strategic Management solved MCQs /
Question:

For production planning:

A.

Short term forecasting is useful

B.

Medium term forecasting is useful

C.

Long term forecasting is useful

D.

Forecasting is not useful.

Answer» a. Short term forecasting is useful

Note: The above multiple-choice question is for all general and Competitive Exams in India. 

For production planning: Read More »

» Operations Management and Strategic Management solved MCQs

The act of going round the production shop to note down the progress of work andfeedback the information is known as:

» Operations Management and Strategic Management solved MCQs /
Question:

The act of going round the production shop to note down the progress of work andfeedback the information is known as:

A.

Follow up

B.

Dispatching

C.

Routing

D.

Trip card

Answer» a. Follow up

Note: The above multiple-choice question is for all general and Competitive Exams in India. 

The act of going round the production shop to note down the progress of work andfeedback the information is known as: Read More »

» Operations Management and Strategic Management solved MCQs