In regression analysis, if observed cost value is 62 and predicted cost value is 29, then disturbance term would be
A. 33
B. 91
C. 81
D. 43
Answer: Option A
Solution(By Examveda Team)
Disturbance term = Observed cost value ÷ Predicted cost value= 62 - 29 = 33
Related Questions on Costing
Basic objective of cost accounting is ________
A. tax compliance.
B. financial audit.
C. cost ascertainment.
D. profit analysis.
Process costing is suitable for ________.
A. hospitals
B. oil refing firms
C. transport firms
D. brick laying firms
The cost which is to be incurred even when a business unit is closed is a _____.
A. imputed cost
B. historical cost
C. sunk cost
D. shutdown cost
Join The Discussion