The Ideal Data Base for Estimating Cost Functions Quantitatively Has

Multiple Choice

The ideal data base for estimating cost functions quantitatively has the following characteristic:

A) The data base should consider many values spanning a wide range for the cost driver.
B) There is no homogeneous relationship between the cost driver and the individual cost items.
C) The gaps in the data can be reliably estimated.
D) The data base should contain a few reliably measured observations.
E) The data based should be based on audited accounts.