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Author Question: Which of the following is a problem related to cost analysis? (Read 40 times)

dmcintosh

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Question 1

The ideal database for estimating cost functions contains ________.
◦ numerous cost driver observations
◦ only the independent variable and not the dependent variable
◦ cost driver observations spanning a narrow range
◦ a few values of the cost driver that are grouped closely together

Question 2

Which of the following is a problem related to cost analysis?
◦ fixed costs are allocated as if they are variable costs
◦ extreme observations are adjusted or removed
◦ a company keeps accounting records on the accrual basis
◦ inflationary effects are removed


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Marked as best answer by dmcintosh on Mar 6, 2021

Shshxj

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dmcintosh

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Reply 2 on: Mar 6, 2021
Great answer, keep it coming :)


softEldritch

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

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