Place the Following Steps in Order for Estimating a Cost

question 107

Multiple Choice

Place the following steps in order for estimating a cost function using quantitative analysis.
A = Plot the data
B = Collect data on the dependent variable and the cost driver.
C = Choose the dependent variable
D = Identify the independent variable, or cost driver
E = Estimate the cost function

• A) D C E A B
• B) C D B A E
• C) A D C E B
• D) E D C B A

---

Definitions:

Personal Needs

Requirements or desires of individuals essential for their well-being or personal satisfaction.

Ethical Leadership

A leadership style characterized by guiding followers in a manner that is moral and values-driven.

Congruent Interests

A scenario in which the objectives or goals of two or more parties align, facilitating cooperation and mutual benefits.

Moral Identity

The degree to which being a moral person is central to an individual's identity, influencing their actions and decisions.