The Least-Squares Regression Method Is

question 137

Multiple Choice

The least-squares regression method is:

• A) A graphical method to identify cost behavior.
• B) An algebraic method to identify cost behavior.
• C) A statistical method to identify cost behavior.
• D) The only identify cost estimation method allowed by GAAP.
• E) A cost estimation method that only uses the two extreme values.

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Definitions:

Legal Defensibility

The capability of a policy, action, or practice to be defended in legal proceedings, typically by demonstrating that it is justified, fair, and compliant with laws.

Trait-Oriented Performance Appraisals

An evaluation method focusing on the individual characteristics of an employee, such as attitudes, personality traits, and behaviors, rather than objective output.

Behavior-Oriented

An approach or methodology that focuses on analyzing and modifying observable and measurable behaviors.

Legal Viewpoint

Legal viewpoint refers to the perspective or approach adopted based on laws and legal considerations, typically concerning rights, obligations, and compliance.