If You Create a Scatter Plot of a Cost Against

question 79

Multiple Choice

If you create a scatter plot of a cost against a cost driver:

• A) You gain information about whether there is a seeming relation between the cost and cost driver
• B) For all costs, you will have completed your analysis
• C) You gain no new information about the relationship between the cost and cost driver
• D) You will not need to perform regression analysis to estimate the cost function

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Definitions:

Pivot

A central point around which something rotates or oscillates.

Circumduction

Movement in a circular motion.

Abduction

The action of moving a limb or different body part away from the body's center line or apart from another section.

Flexion

A bending movement around a joint in a limb (e.g., elbow or knee) that decreases the angle between the bones of the limb.