Multiple Choice
When evaluating and choosing cost drivers all of the following are true EXCEPT:
A) the cost driver is economically plausible.
B) there is a significance of effect of the independent variable
C) there is an independent verification of the relationship by a committee of cost accountants
D) there is a goodness of fit between the various data points and the regression line
Correct Answer:
Verified
Correct Answer:
Verified
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