The High-Low Method

question 8

Multiple Choice

The high-low method

• A)is a useful means of predicting the highest cost a company will incur in the operating period.
• B)is a useful means of separating fixed and variable elements from a mixed cost.
• C)is more time-consuming than the scatter diagram method.
• D)is more complex than the use of linear regression analysis.

---

Definitions:

Different Populations

Groups of organisms of the same species that live in distinct geographic areas and have diverging characteristics due to varying environmental pressures.

Phylogenetic Tree

A diagram that represents evolutionary relationships among species or other taxa, showing how they have diverged from common ancestors.

Viral Genes

Genes that consist of either DNA or RNA sequences and are found within viruses, coding for the proteins necessary for the virus's structure and replication.

Primates

A mammalian order that includes humans, apes, monkeys, and prosimians, characterized by large brains, forward-facing eyes, and opposable thumbs.