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Cost Accounting
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Cost Accounting
Costs associated with the labor turnover can be categorized into:
Preventive costs only
Replacement cost only
Both of the above
Machine costs
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Cost Accounting
The level of used input to achieve a determined level of output is termed as
efficiency
effectiveness
growth evaluation
performance evaluation
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Cost Accounting
Labor turnover means:
Turnover generated by labor
Rate of change in composition of labor force during a specified period
either of the above
both of the above
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Cost Accounting
An area of a business which collects costs is known as:
Profit center
Cost unit
Cost center
Branch
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Cost Accounting
If an overhead cost of operating a machine is $500000 for 1000 hours, then the cost allocation rate will be
$1500 per machine hour
$250 per machine hour
$500 per machine hour
$1000 per machine hour
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Cost Accounting
The value added manufacturing time is divided by total manufacturing, is to calculate
value chain efficiency
value chain effectivity
manufacturing cycle effectivity
manufacturing cycle efficiency
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Cost Accounting
Examining of past performance, exploring alternative and planning future is
learning
alternating
examining
deciding
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Cost Accounting
In regression analysis, if an observed cost value is 65 and the disturbance error is 32 then predicted cost value will be
97
57
33
53
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Cost Accounting
A concept used to define the learning curve in broader application is called
discrete curve
fixed curve
mixed curve
experience curve
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Cost Accounting
An organizational practice, according to which the decision making freedom is available to lower level managers is known as
decentralization
centralization
autonomy of effort
congruency
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