Question: The account analysis approach to estimating fixed and variable costs a) requires at least five years of historical data. b) is not useful for general

The account analysis approach to estimating fixed and variable costs

a) requires at least five years of historical data.

b) is not useful for general and selling expenses.

c) is based on the professional judgment of the manager.

d) is only used if the data for the high-low method or regression analysis is not available.

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