A Line on a Scatter Diagram That Is Intended to Reflect

question 167

Multiple Choice

A line on a scatter diagram that is intended to reflect the past relation between cost and unit volume is the:

• A)Margin of safety line.
• B)Break-even line.
• C)Contribution margin line.
• D)Estimated line of cost behavior.
• E)Standard cost line.

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Definitions:

Population Proportion

A statistical measure that represents the fraction or percentage of individuals in a specific group within the larger population.

Achievement Motivation

A psychological feature that drives individuals to pursue and attain goals or accomplishments.

McClelland

David McClelland, a psychologist known for his work on motivation, particularly the theory of needs which includes the need for achievement, power, and affiliation.

High Standards

Expectations or criteria that are considerably above average in terms of level, quality, or performance.