A Method That Estimates Cost Behavior by Connecting the Costs

question 105

Multiple Choice

A method that estimates cost behavior by connecting the costs linked to the highest and lowest volume is called the:

• A) Scatter method.
• B) High-low method.
• C) Least-squares method.
• D) Break-even method.
• E) Step-wise method.

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Definitions:

Biological Category

A classification in biology that groups organisms on the basis of shared characteristics or genetic lineage.

Miasma

An outdated medical theory suggesting diseases are spread through polluted air or bad smells from decaying organic matter.

Cholera

An infectious disease caused by ingesting contaminated water or food, characterized by vomiting, severe dehydration, and diarrhea, and can be lethal if not treated promptly.

Malnourished

A condition resulting from insufficient intake of nutrients.