If the Slope of a Straight Line Is 5 and If

question 98

Multiple Choice

If the slope of a straight line is 5 and if X (the variable on the horizontal axis) increases by 4, then Y (the variable on the vertical axis) will

• A) decrease by 0.8.
• B) decrease by 20.
• C) increase by 0.8.
• D) increase by 20.

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Definitions:

Managerial Accounting

Identifying, measuring, evaluating, and reporting financial details to managers to assist in attaining organizational aims.

GAAP

GAAP stands for Generally Accepted Accounting Principles, which are a collection of commonly-followed accounting rules and standards for financial reporting.

Estimates

Approximations or educated guesses used in accounting to record transactions where the exact amounts cannot be determined.

Cost of Goods Manufactured

The total expense incurred in manufacturing goods, including materials, labor, and overhead costs, within a specific period.