The Methods That Use Subjective Assessments to Choose a Cost

question 86

Multiple Choice

The methods that use subjective assessments to choose a cost driver and to estimate the fixed and variable components of the cost function are:

• A)conference and quantitative.
• B)conference and regressions.
• C)conference and simple regression.
• D)conference and account analysis.
• E)conference and industrial engineering.

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Definitions:

Art Show

An exhibition or display of artworks in a gallery or venue where artists can present their works to the public and potentially sell them.

Prestigious

Describes something or someone that is highly respected and admired for being successful or of high quality.

Contract Performance

Refers to the execution of the duties and obligations as outlined in a contract by the parties involved.

Breach of Condition

A breach of condition refers to the failure to meet a critical term of a contract, which can entitle the other party to terminate the agreement and seek damages.