A Significant Weakness of the High-Low Method Is That

question 160

Multiple Choice

A significant weakness of the high-low method is that

• A)a significant amount of management expertise is necessary to break out the variable and fixed costs.
• B)the two data points that are used may not be representative of the general relationship between cost and activity.
• C)the calculations are so complex that a computer is usually necessary in order to get accurate results.
• D)monthly data must be collected for at least three years before the method can be used.

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Definitions:

Anomic Suicide

A concept in sociology referring to a form of suicide that occurs when an individual feels disoriented and disconnected from societal norms and values.

Imitative Suicide

A suicide act that follows or is inspired by another person's suicide, often publicized in the media.

Sociocultural View

A perspective in psychology that emphasizes the influence of cultural and social factors on an individual's behavior and mental processes.

Interpersonal Theory

A psychological framework that explains how the behavior and mental states of individuals are influenced by their relationships and interactions with others.