Your Boss Wants You to Analyze the Relationship Between the Company's

question 164

Multiple Choice

Your boss wants you to analyze the relationship between the company's monthly operating costs and the current cost driver she has chosen. You run a regression analysis and receive the following information: Intercept Coefficient = 653,434
X Variable 1 Coefficient = 5.76
R-square = 0.3784
What is your company's monthly cost equation?

• A)y = $653,434x + $5.76
• B)y = $0.38x + $653,434
• C)y = $5.76x + $653,434
• D)y = $0.38x + $576

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Definitions:

Identifiable Net Assets Method

An accounting technique used in business combinations, where only the acquirer's identifiable assets and liabilities are recorded at fair value.

ASPE

A collection of accounting principles for private firms in Canada known as Accounting Standards for Private Enterprises.

IFRS

International Financial Reporting Standards, a set of global accounting standards developed by the International Accounting Standards Board to ensure transparency, accountability, and efficiency in financial markets worldwide.

Telecommunications Act

Legislation that regulates the telecommunications industry, influencing the development, provision, and accessibility of telecommunications services.