Question: When using cost prediction methods, output O always establishes a cause-and-effect relationship if positively correlated. O reliability depends on thoughtful, rational relationships between cost drivers

When using cost prediction methods, output
O always establishes a cause-and-effect relationship if positively correlated.
O reliability depends on thoughtful, rational relationships between cost drivers and their costs.
O Is less reliable if a regression method is used instead of a high-low or account analysis method.
O Is dependable regardless of the input as long as a regression method is use. 4
 When using cost prediction methods, output O always establishes a cause-and-effect

When using cost prediction methods, output always establishes a cause-and-effect relationship if positively correlated. reliability depends on thoughtful, rational relationships between cost drivers and their costs. Is less reliable if a regression method is used instead of a high-low or account analysis method. Is dependable regardless of the input as long as a regression method is use

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!

Q:

\f