8/31/2021 Unit2Activity2CostBehavior:Attemptreview
https://moodle.pau.ac.pg/mod/quiz/review.php?attempt=15898&cmid=22052 1/8
Dashboard My courses ACCT2200-S2-2021 August 16 to August 20 Unit 2 Activity 2 – Cost Behavior
Question 1
Correct
Mark 1.00 out
of 1.00
Question 2
Correct
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of 1.00
Question 3
Correct
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of 1.00
Question 4
Correct
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of 1.00
Question 5
Correct
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of 1.00
Started on Sunday, 29 August 2021, 10:54 AM
State Finished
Completed on Sunday, 29 August 2021, 1:11 PM
Time taken 2 hours 17 mins
Grade 23.00 out of 25.00 (92%)
Fixed cost per unit increases as activity decreases and decreases as activity increases.
Select one:
True
False
The correct answer is ‘True’.
A cost formula may not be valid outside the relevant range of activity.
Select one:
True
False
The correct answer is ‘True’.
The planning horizons for committed fixed costs and discretionary fixed costs are generally the same.
Select one:
True
False
The correct answer is ‘False’.
The high-low method is generally less accurate than the least-squares regression method for analyzing the behavior of
mixed costs.
Select one:
True
False
The correct answer is ‘True’.
The fact that the high-low method uses only two data points is a major defect of the method.
Select one:
True
8/31/2021 Unit2Activity2CostBehavior:Attemptreview
Question 6
Incorrect
Mark 0.00 out
of 1.00
Question 7
Correct
Mark 1.00 out
of 1.00
False
The correct answer is ‘True’.
On an income statement prepared by the traditional approach, costs are organized and presented according to
function.
Select one:
True
False
The correct answer is ‘True’.
Expense A is a fixed cost; expense B is a variable cost. During the current year the activity level has increased, but is
still within the relevant range. In terms of cost per unit of activity, we would expect that:
Select one:
a. expense B has increased.
b. expense A has decreased.
c. expense B has decreased.
