Which of the Following Is a Step Followed by an Analyst

question 66

Multiple Choice

Which of the following is a step followed by an analyst to overcome problems related to data collection for estimating cost function?

• A) to use cash accounting
• B) to consider fixed costs as variable costs and treat allocated fixed cost per unit as a variable cost
• C) to eliminate unusual observations if extreme values of observations occur
• D) to include the inflationary price effects in the data

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