Question Details

Cross-sectional data analysis



1) Which of the following represents cross-sectional data?
A) indirect manufacturing labor costs for the past 5 years
B) number of machine-hours used for the past 10 years
C) personnel costs of a month at 10 different organizations 
D) maintenance cost of machine in a plant for the past 3 years


2) A plot of data that results in bunched points with little slope generally indicates ________.
A) a strong relationship 
B) a weak relationship 
C) a positive relationship 
D) a negative relationship 


3) A plot of data that results in one extreme observation most likely indicates that ________.
A) more than one cost pool should be used 
B) an unusual event such as a plant shutdown occurred during that month 
C) the cost-allocation base has been incorrectly identified 
D) individual cost items do not have the same cost driver 


4) Cross-sectional data analysis includes ________.
A) using a variety of time periods to measure the dependent variable 
B) using the highest and lowest observation 
C) observing different entities during the same time period 
D) comparing information in different cost pools 


5) Time-series data analysis includes ________.
A) using a variety of time periods to measure the dependent variable 
B) using the highest and lowest observation 
C) observing different entities during the same time period 
D) comparing information in different cost pools 




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