Statistical method used to measure average change in dependent variable, with respect to change of one unit in independent variable is called
A. times series method
B. time horizon method
C. aggression method
D. regression method
Answer: Option D
A. times series method
B. time horizon method
C. aggression method
D. regression method
Answer: Option D
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
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