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Assuming That a Cost Is Mixed and Linear, and That

question 56

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Assuming that a cost is mixed and linear, and that past cost behavior is expected to continue into the future, which of the following is mostly likely the best technique for estimating future costs?


Definitions:

Ownership

The state or fact of having legal possession and control over property, conferring rights such as use and the ability to transfer or sell it.

Corporation

A legal entity recognized by law as a separate from its owners, with its own rights, privileges, and liabilities, capable of conducting business, entering into contracts, and owning assets.

Purpose

A purpose is the reason for which something is done or created or for which something exists.

Trademark

A sign, term, or expression that is legally protected or recognized through usage as the emblem of a corporation or merchandise.

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