Which of the Following Methods Provides the Most Accurate Predictions

question 25

Multiple Choice

Which of the following methods provides the most accurate predictions of future costs?

• A)Account analysis.
• B)Scattergraphs.
• C)High-low method.
• D)Regression analysis.

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Definitions:

Husband and Wife

Legal or social partners bound by marriage, with specific rights and obligations towards each other as defined by law or custom.

Capacity

An element of a valid contract; the freedom to enter into a contract, which is sometimes limited by law as is the case, for example, with minors, the insane, the intoxicated, aliens, bankrupts, and Indians.

Married Women

Women who are legally wed under the laws or customs recognized by their jurisdiction, affecting various legal rights and obligations.

Bankrupts

Individuals or entities that have been legally declared incapable of paying their debts and have their assets administered for the benefit of their creditors.