Which of the Following Statements Is Correct About the High-Low

question 120

Multiple Choice

Which of the following statements is correct about the high-low method?

• A)The high-low method is complicated to apply.
• B)The high-low method is effective for periods in which activity is particularly high or low.
• C)Generally,managers can obtain more accurate information from other methods of cost analysis that use a larger number of data points.
• D)Generally,managers use the high-low method because it has no drawbacks or limitations.

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Definitions:

Violent Methods

Approaches or actions that involve physical force intended to hurt, damage, or kill someone or something.

Shark-Infested Waters

Used metaphorically to describe a situation full of dangers and risks, or, literally, waters that have a high population of sharks.

Death Darers

Individuals who engage in behavior that tests the extent to which they can come close to death without actually dying.

Retrospective Analysis

A study method that involves looking back at data that was collected in the past, often used to identify patterns or outcomes over time.