Use the Following Information to Answer the Next Question(s)

question 66

Multiple Choice

Use the following information to answer the next question(s) .
The method of least squares produced the following computer printout using direct labour hours as the activity.

-The coefficient of determination costs is

• A) 0.73.
• B) 0.81.
• C) 0.90.
• D) 1.00.

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Definitions:

Assets

Resources owned or controlled by a business, entity, or individual, with future economic value that can be measured and expressed in financial terms.

Externalities

Effects a project has on other parts of the firm or on the environment.

Cash Flow Estimation

The process of forecasting the cash inflows and outflows over a specific period, vital for budgeting and financial planning.

Cash Flows

The complete volume of financial transactions in and out of a business, crucially influencing its cash on hand.