The High-Low Method Is the Only Method to Be Used

question 16

True/False

The high-low method is the only method to be used when determining semivariable costs.

---

Definitions:

Business Operations

Activities involved in the day-to-day functions of a business, related to creating and delivering products or services to customers.

Policies

Guidelines or rules established by organizations or governments to direct actions and decisions in specific areas.

Personal Assets

Items of value owned by an individual, including tangible assets like property and cars, and intangible assets like stocks and bonds.

Savings Account

is a deposit bank account that earns interest, designed for individuals to save money over time.