Explore topic-wise MCQs in Cost Accounting.

This section includes 19 Mcqs, each offering curated multiple-choice questions to sharpen your Cost Accounting knowledge and support exam preparation. Choose a topic below to get started.

1.

A random variable X can take the values -1, 0 and 1 with respective probabilities 0.2, 0.5 and 0.3. The expected value of X is:

A. 0.3
B. 0.5
C. 0.2
D. 0.1
Answer» E.
2.

The necessary diagram to compare among the various components or between a part and the whole is:

A. Bar diagram
B. Step diagram
C. Pie diagram
D. Histogram
Answer» D. Histogram
3.

The measure of central tendency of a statistical data which takes into account all the data

A. Median
B. Mean
C. Mode
D. Range
Answer» C. Mode
4.

For a symmetrical distribution first quartile and median are respectively 20 and 24. The third quartile of the distribution is

A. 28
B. 26
C. 22
D. 32
Answer» B. 26
5.

If the two regression coefficients are byx = - 0.4 and bxy = - 0.9 then the value of correlation coefficient (r) is

A. 0.6
B. 0.65
C. - 0.6
D. - 0.65
Answer» D. - 0.65
6.

For a frequency distribution coefficient of skewness = 0.6; mean = 172 and mode = 163. The value of the variance is

A. 169
B. 215
C. 196
D. 225
Answer» E.
7.

Two unbiased coins are tossed simultaneously. The problem of getting a head and a tail is

A. 1/4
B. 1/2
C. 1
D.
Answer» C. 1
8.

If two regression equations x + 5y = 13 and 3x 2y = 5, then the mean values of x and y are respectively.

A. (2, 3)
B. (3, 2)
C. (4, 5)
D. (5, 4)
Answer» C. (4, 5)
9.

For a frequency distribution mean = 68.2; median = 69 and coefficient of skewness of the distribution is 0.6. The variance of the distribution is

A. 9
B. 25
C. 36
D. 16
Answer» E.
10.

The frequencies of three class intervals 54 58, 59 63, 64 68 of a distribution are respectively 4, 8 and 12. The frequency density of the 2nd class is

A. 1
B. 1.2
C. 1.6
D. 2
Answer» E.
11.

If for a symmetrical distribution 1st and 3rd quartiles are respectively 16 and 22, then the Median of the distribution is

A. 20
B. 18
C. 24
D. 19
Answer» E.
12.

The regression equation of y on x is 3x 5y = - 12 and regression equation of x on y is 2x y = 7. The value of y when x = 10 is

A. 8.4
B. 6.5
C. 7
D. 9
Answer» B. 6.5
13.

Two variables x and y are given by the relation y = 3x 2. If the mode of x be 5, the mode of y will be

A. 13
B. 10
C. 15
D. 9
Answer» B. 10
14.

For a given frequency distribution C.V = 30%, variance = 36 and Pearson s Coefficient of Skewness = - 0.25, the mode of the distribution is

A. 24
B. 20
C. 21.5
D. 24.5
Answer» D. 24.5
15.

If the sum of squares of the deviations of 10 observations taken from mean 50 is 250, then C.V is

A. 10%
B. 12%
C. 20%
D. 15%
Answer» B. 12%
16.

A.M of 40 observations of a variable is 25 and S.D is 4. The sum of squares of all observations is

A. 25640
B. 26540
C. 24560
D. 26450
Answer» B. 26540
17.

If A.M and the coefficient of variation of x are 6 and 50% respectively, then the variable of x is

A. 3
B. 6
C. 9
D. 11
Answer» D. 11
18.

The coefficient of skewness of a distribution is 0.4. Its S.D and mean are respectively 8 and 30. The mode of the distribution is

A. 26
B. 26.2
C. 26.4
D. 26.8
Answer» E.
19.

The 1st and 3rd quartiles of a frequency distribution are respectively 25 and 45. If the coefficient of skewness be 0.1, then the median is

A. 36
B. 32
C. 24
D. 28
Answer» B. 32