[amp_mcq option1=”dependent estimation” option2=”independent estimation” option3=”reliable estimates” option4=”unreliable estimates” correct=”option1″]
Detailed SolutionIf all conditions or assumptions of regression analysis simple regression can give
[amp_mcq option1=”5 months” option2=”4 months” option3=”3 months” option4=”2 months” correct=”option3″]
Detailed SolutionWhat is the average collection period when the debt turnover ratio is 4?
[amp_mcq option1=”Cost can be estimated easily” option2=”The contractor wants to earn a certain amount of profit” option3=”It is not possible to calculate the net profit in advance” option4=”None of the above” correct=”option3″]
Detailed SolutionTotal Cost (+) contracts are generaelly applicable in cases where
[amp_mcq option1=”operation” option2=”process” option3=”service” option4=”None of these” correct=”option2″]
Detailed SolutionBoiler house costing is an example of . . . . . . . . costing.
[amp_mcq option1=”Rs. 2,000″ option2=”Rs. 4,000″ option3=”Rs. 10,000″ option4=”Rs. 12,000″ correct=”option3″]
[amp_mcq option1=”purchase of material” option2=”supply of material from stores” option3=”sale of material” option4=”storage of material” correct=”option1″]
Detailed SolutionMaterial requisition is meant for ________.
[amp_mcq option1=”costing profit and loss account” option2=”profit and loss account” option3=”trading account” option4=”deferred to next year” correct=”option1″]
[amp_mcq option1=”fixed object” option2=”cost driver” option3=”cost object” option4=”mixed object” correct=”option3″]
Detailed SolutionIn adjustment issues of costing, database must consider wide range values of
[amp_mcq option1=”General loss” option2=”Abnormal loss” option3=”General profit” option4=”Abnormal profit” correct=”option1″]
[amp_mcq option1=”oil process units” option2=”transport companies” option3=”sugar industries” option4=”repair shops” correct=”option4″]
Detailed SolutionJob costing method is the most suitable method for ________.