Identifying the Relation Between the Activity and the Costs Is

question 46

Multiple Choice

Identifying the relation between the activity and the costs is a key step in which of the following cost estimation methods?

• A) Scattergraph.
• B) High-low method.
• C) Account analysis.
• D) Linear regression.

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Definitions:

Performance Objectives

Specific goals set by a company or an individual to be achieved within a set timeframe to measure success.

Hygiene Factors

Elements of the work environment that can lead to job dissatisfaction if absent or inadequate, such as salary, company policies, and working conditions, but do not necessarily motivate if increased.

Motivational Aspects

Components or factors that stimulate desire and energy in people to be continually interested and committed to a job, role, or subject.

Goal Setting

The process of identifying specific, measurable, achievable, relevant, and time-bound objectives to focus efforts and resources.