Which of the Following Statements Is NOT True

Multiple Choice

Which of the following statements is NOT true?

A) In selecting an independent variable for cost behavior analysis, it is important to determine the activity that causes the cost being analyzed to occur.
B) Professional judgment is very important in selecting an activity measure for a particular cost.
C) A low correlation between two variables proves that one causes the other.
D) The least-squares cost estimation method can be used to measure the linear function.