The Method That Can Be Used to Separate Semi-Variable Costs

question 37

Multiple Choice

The method that can be used to separate semi-variable costs into their fixed and variable components is:

• A)high-low method.
• B)the line of best fit.
• C)linear regression method.
• D)All of the above methods

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Definitions:

Reciprocity Norm

A social norm that dictates that people should return the favor or kindness that has been done to them.

Social Exchange Theory

A social-psychological and sociological perspective that explains social change and stability as a process of negotiated exchanges between parties.

Personal Reward

A benefit or positive outcome that an individual receives or perceives to receive after performing a particular action.

Social Exchange Theory

A theoretical framework suggesting that social behavior is the result of an exchange process aiming to maximize benefits and minimize costs in relationships.