A Method That Estimates Cost Behavior by Using Just the Highest

question 27

Multiple Choice

A method that estimates cost behavior by using just the highest and lowest volume levels is called the:

• A) High-low method.
• B) Least-squares method.
• C) Scatter method.
• D) Break-even method.
• E) Step-wise method.

---

Definitions:

Common Sense

Practical judgment concerning everyday matters or basic intelligence that is shared by a significant number of people.

STAR Approach

The STAR Approach is a structured manner of responding to a behavioral-based interview question by discussing the specific Situation, Task, Action, and Result of the situation you are describing.

Behavioural Questions

Interview questions aimed at understanding a candidate's past behavior in specific situations as a predictor of future performance.

Dressing Conservatively

Choosing attire that is modest, traditional, and not overly flashy, often for professional or formal environments.