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

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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. 

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

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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. 

Which of the following statement is correct about business ethics?

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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. 

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

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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.