Which of the Following Statement/s Is/are True Concerning Cost Estimation

question 58

Multiple Choice

Which of the following statement/s is/are true concerning cost estimation methods?

• A) Cost behaviour is always assumed to depend on more than one cost driver.
• B) Cost behaviour patterns are curvilinear.
• C) Costs and benefits of using sophisticated and costly cost-estimation methods must be evaluated.
• D) Cost behaviour is always assumed to depend on more than one cost driver AND costs and benefits of using sophisticated and costly cost-estimation methods must be evaluated.

---

Definitions:

Process of Adjustment

The psychological and behavioral process by which individuals adapt to new conditions, circumstances, or environments.

Coping

The strategies or mechanisms individuals use to manage stress, adversity, or emotional distress.

Experimental Group

The subjects in an experiment who receive some special treatment in regard to the independent variable.

Dependent Variable

The variable in an experiment that is observed and expected to change as a result of manipulations in the independent variable.