The Ausgleich or Compromise of 1867

question 69

Multiple Choice

The Ausgleich or Compromise of 1867

• A)created a loose federation of ethnic states within the Austrian Empire.
• B)freed the serfs and eliminated compulsory labor services with the Austrian Empire.
• C)made Austria part of the North German Confederation.
• D)granted the Czechs and Slovenes home-rule.
• E)created the Dual Monarchy of Austria-Hungary.

---

Definitions:

Least-Squares Regression

An analytical technique that identifies the most suitable line by minimizing the sum of the squares of the gaps between the observed and estimated values.

Variable Cost

A cost that changes in proportion to the level of activity or volume of goods produced.

Fixed Cost

Expenses that do not change with the level of production or sales activities within a certain range, such as rent or salaries.

High-Low Method

A method applied in managerial accounting that calculates fixed and variable expenses by assessing the maximum and minimum activity levels.