Examlex
Regulatory focus theory:
High-low Method
A technique used in cost accounting to determine variable and fixed costs based on the highest and lowest levels of activity.
Line of Best Fit
A straight line drawn through the center of a group of data points plotted on a scatter plot, used to estimate the trend of the data and predict future values.
Indirect Costs
Expenses not directly tied to the production of goods or services, such as overhead costs for administration, facilities, and security.
Cost Object
Anything for which a separate measurement of costs is desired, such as products, services, projects, or departments.
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