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Online Exam Results
Session:
6de9ce64-799e-4074-bdfa-59f80c7bf946
Answer Script
60% | Passed
S
...
2
3
4
5
Result
Correct
2
SWAT Plc
...
SWAT Plc
...
Calculate with Overstated by $8,000| $12,000
what amount the Income statement
will be over or under stated at the end
of the year
...
False
Correct
4
When entering a self-constructed
non-current asset in books, then only
the cost of direct material and direct False|
labour should be included in the
recorded cost of that asset
...
Capital
expenditure
Correct
Capital expenditure|
Defective
6
6
Which of the following statements
is/are advantages of regression
analysis? (You can select multiple)
Linear regression
analysis makes
efficient use of data
and good results can
be obtained with
relatively small data
sets
...
|
It assumes that
the value of one
variable Y can be
predicted from the
value of the other
InCorrect
variable X, but
ignores the other
factors which
might affect the
value of Y
...
00|
10
...
7
7
ΣX = 1,000
ΣY = 970
Correct
a = 30
b = 0
...
purchased a machine for
$80,000 having useful life of 3 years
with a residual value of $20,000
...
has charged this purchase in the
$80,000 under
$60,000 under stated|
income statement as a revenue
stated
expense
...
purchased an inventory
costing $10,000 and treated it as a
non-current asset
...
uses
reducing balance method for
Overstated by
depreciation by 20%
...
InCorrect
10
While doing regression analysis,
10 when the value of r is -0
...
656|
be the coefficient of determination?
+0
...
What are
these fluctuations called?
Cyclical Variation Correct
12
In which of the following stage a new
12 product will start gaining market
...
has forecasted sales
of $500,000 for Quarter 3 of year
20X5
...
Sales in 2nd quarter of year
13
107
...
Calculate
seasonal variation for quarter 3
assuming that Ammanda Ltd
...
Cannot be
calculated
InCorrect
Capital
expenditure
Correct
1000|
Coefficient of
determination|
Coefficient of
correlation
InCorrect
___________ is often represents a
14 significant investment by a company
...
has the following data
...
Calculate the fixed cost incurred in
producing first 1,000 units
...
17
Which of the following is not included Spending on many
17 in CPI but included in RPI?
housing costs
...
Non-current asset Correct
19
Ripiczah Co
...
The car had an accident
before the purchase and has been
repaired by Ripiczah Co
...
The company also installed air19 conditioning system for $200 and
$13,200|
replaced the tires with new ones
costing $100
...
20
______ measures the change in cost
20 of living
...
Now
...
tsa
...
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