Costing

471. Slope coefficient of cost function is zero because it intersects the

x-axis at one
y-axis at constant
x-axis at constant
y-axis at one

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because it intersects the" class="read-more button" href="https://exam.pscnotes.com/mcq/slope-coefficient-of-cost-function-is-zero-because-it-intersects-the/#more-53258">Detailed SolutionSlope coefficient of cost function is zero because it intersects the

472. Number of observations in regression analysis is considered as

degree of possibility
degree of average
degree of variance
degree of freedom

Detailed

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SolutionNumber of observations in regression analysis is considered as

473. The Learner index measures

Market power
Price
Price-marginal cost
None of the above

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measures" class="read-more button" href="https://exam.pscnotes.com/mcq/the-learner-index-measures-2/#more-53231">Detailed SolutionThe Learner index measures

474. Discarded material substances having some value is ________.

waste
scrap
defective
spoilage

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href="https://exam.pscnotes.com/mcq/discarded-material-substances-having-some-value-is-________/#more-53209">Detailed SolutionDiscarded material substances having some value is ________.

475. Standard costing is more widely applied in . . . . . . . . industries.

process and engineering
jobbing industries
construction industry
All of these

Detailed SolutionStandard costing is

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more widely applied in . . . . . . . . industries.

476. Process of assigning direct or indirect cost to any cost object is known as

cost assignment
cost expectation
event assignment
probability assignment

Detailed SolutionProcess of

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288 64 288 64S117.2 64 74.6 75.5c-23.5 6.3-42 24.9-48.3 48.6-11.4 42.9-11.4 132.3-11.4 132.3s0 89.4 11.4 132.3c6.3 23.7 24.8 41.5 48.3 47.8C117.2 448 288 448 288 448s170.8 0 213.4-11.5c23.5-6.3 42-24.2 48.3-47.8 11.4-42.9 11.4-132.3 11.4-132.3s0-89.4-11.4-132.3zm-317.5 213.5V175.2l142.7 81.2-142.7 81.2z"/> Subscribe on YouTube
assigning direct or indirect cost to any cost object is known as

477. Defectives ________.

cannot be rectified and made into good units
can be rectified and mad made into good units
can be a part of finished product

Detailed SolutionDefectives ________.

478. If the beginning balance in the raw materials inventory account for the month was Rs. 25,000, the ending balance was Rs. 22,000 and material used during the month was Rs. 1,30,000. What is the amount of materials purchased during the month?

Rs. 1,77,000
Rs. 1,30,000
Rs. 1,27,000
Rs. 1,33,000

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class="screen-reader-text">If the beginning balance in the raw materials inventory account for the month was
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Rs. 25,000, the ending balance was Rs. 22,000 and material used during the month was Rs. 1,30,000. What is the amount of materials purchased during the month?

479. Method of estimation of cost function, by making opinions and analysis about cost and cost drivers is classified as

conference method
inference method
pricing method
manufacturing method

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as" class="read-more button" href="https://exam.pscnotes.com/mcq/method-of-estimation-of-cost-function-by-making-opinions-and-analysis-about-cost-and-cost-drivers-is-classified-as/#more-53141">Detailed SolutionMethod of estimation of cost function, by making opinions and analysis about cost and cost drivers is classified as

480. Which of the following is not a feature of budgetary control?

A tool for management control
An instrument of delegation and authority
An instrument for evaluating the overall performance
A statement of budget and forecasts

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class="read-more-container"> Join Our Telegram Channel feature of budgetary control?" class="read-more button" href="https://exam.pscnotes.com/mcq/which-of-the-following-is-not-a-feature-of-budgetary-control/#more-53135">Detailed SolutionWhich of the following is not a feature of budgetary control?

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