Cost Accounting

For a frequency distribution mean = 68.2; median = 69 and coefficient of skewness ofthe distribution is – 0.6. The variance of the distribution is

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Question:

For a frequency distribution mean = 68.2; median = 69 and coefficient of skewness ofthe distribution is – 0.6. The variance of the distribution is

A.

9

B.

25

C.

36

D.

16

Answer» d. 16

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

On the basis of “Relationship with accounting period” costs are classified as

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Question:

On the basis of “Relationship with accounting period” costs are classified as

A.

Historical Costs and Pre-determined Costs.

B.

Capital Costs and Commercial Costs.

C.

Capital Costs and Revenue Costs.

D.

Product Costs and Period Costs

Answer» c. Capital Costs and Revenue Costs.

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

The desired objective of Production and Operations Management is:

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Question:

The desired objective of Production and Operations Management is:

A.

Use cheap machinery to produce

B.

To train unskilled workers to manufacture goods perfectly

C.

Optimal utilisation of available resources

D.

To earn good profits.

Answer» c. Optimal utilisation of available resources

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