A Company Has Identified the Appropriate Cost Driver for a Resource

question 119

Multiple Choice

A company has identified the appropriate cost driver for a resource cost.To estimate or approximate the cost function,the company manager has a broad selection of methods that will NOT include ________.

• A) least squares regression analysis
• B) activity analysis
• C) high-low method
• D) engineering method

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Definitions:

Metaphysical Viewpoint

A perspective that deals with questions of existence, the nature and structure of the universe, reality, and the theory of knowledge.

Teleological Metaphysics

The branch of metaphysics that deals with the study of purpose, design, and goals within the universe, often involving the idea that natural processes aim towards certain ends.

Mechanistic Metaphysics

A philosophical viewpoint that regards natural processes as mechanically determined and capable of explanation by laws of physics and chemistry.

Non-teleological

Pertaining to theories or viewpoints that reject the existence of ultimate purposes or ends in natural phenomena or human activities.