All of the Following Are True About Analysis at the Account

question 135

Multiple Choice

All of the following are true about analysis at the account level except:

• A)It is a method for separating fixed and variable costs
• B)It uses information from the general ledger
• C)It is a qualitative method for separating costs
• D)It requires very little judgment to determine cost behaviour

---

Definitions:

Snowfall

Precipitation in the form of flakes of crystalline water ice, falling from clouds.

Z

A statistical value representing the number of standard deviations a data point is from the mean in a standard normal distribution.

Percentage

A proportion or share expressed as a fraction of 100, denoting part of a whole.

Normal Model

A bell-shaped probability distribution characterized by its mean and standard deviation, often used to describe naturally occurring phenomena.