What Is an Attribute of the Scattergraph Method

question 215

Multiple Choice

What is an attribute of the scattergraph method?

• A)allows a cost analyst to inspect data visually
• B)uses only the high and low points
• C)does not reveal the presence of outliers
• D)is complex and time consuming

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Definitions:

UCC

Uniform Commercial Code; a comprehensive set of laws governing commercial transactions in the United States.

Valid Contract

A legally binding agreement between parties, fulfilling all necessary legal conditions and requirements.

Mutual Assent

An agreement between parties that intend to form a contract, evidenced by an offer and acceptance.

Consideration

A value that is promised, given, or received by a party in a contract, making the agreement legally enforceable.