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Directions: Choose the right answer in the multiple-choice   1. What is the cost incurred in the past? A. Future cost B. Unknown cost C. Already incurred cost D. Accounting Cost E. None of the above   2. The formula: Y=a+bx+cz is an example of A. Simple regression B. Multiple regression C. Linear programming D. None of the above   3. If “r” between two variables is zero, how might the scatter diagram of these variables appear? A. A least-square line that slopes to the right B. A least-square line that slopes to the left C. Under this case, the scatter diagram could not be plotted in the graph D. None of the above   4. In cost accounting, relevant range is the range over which  A. Production is stable B. Costs are stable and constant C. Total fixed cost fluctuates D. Cost relationship Is not valid E. None of the above   5. Which of the following is a controller’s responsibility? A. Provision for capital B. Custodian of funds C. Credit and collection D. Arranging shirt term loans E. None of the above

Directions: Choose the right answer in the multiple-choice   1. What is the cost incurred in the past? A. Future cost B. Unknown cost C. Already incurred cost D. Accounting Cost E. None of the above   2. The formula: Y=a+bx+cz is an example of A. Simple regression B. Multiple regression C. Linear programming D. None of the above   3. If “r” between two variables is zero, how might the scatter diagram of these variables appear? A. A least-square line that slopes to the right B. A least-square line that slopes to the left C. Under this case, the scatter diagram could not be plotted in the graph D. None of the above   4. In cost accounting, relevant range is the range over which  A. Production is stable B. Costs are stable and constant C. Total fixed cost fluctuates D. Cost relationship Is not valid E. None of the above   5. Which of the following is a controller’s responsibility? A. Provision for capital B. Custodian of funds C. Credit and collection D. Arranging shirt term loans E. None of the above

Essentials Of Business Analytics
Essentials Of Business Analytics
1st Edition
ISBN:9781285187273
Author:Camm, Jeff.
Publisher:Camm, Jeff.
Chapter11: Monte Carlo Simulation
Section: Chapter Questions
Problem 2P
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Directions: Choose the right answer in the multiple-choice
 
1. What is the cost incurred in the past?
A. Future cost
B. Unknown cost
C. Already incurred cost
D. Accounting Cost
E. None of the above
 
2. The formula: Y=a+bx+cz is an example of
A. Simple regression
B. Multiple regression
C. Linear programming
D. None of the above
 
3. If “r” between two variables is zero, how might the scatter diagram of these variables appear?
A. A least-square line that slopes to the right
B. A least-square line that slopes to the left
C. Under this case, the scatter diagram could not be plotted in the graph
D. None of the above
 
4. In cost accounting, relevant range is the range over which 
A. Production is stable
B. Costs are stable and constant
C. Total fixed cost fluctuates
D. Cost relationship Is not valid
E. None of the above
 
5. Which of the following is a controller’s responsibility?
A. Provision for capital
B. Custodian of funds
C. Credit and collection
D. Arranging shirt term loans
E. None of the above
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