Multiple Choice
The high-low method and least-squares regression are used by accountants to:
A) evaluate divisional managers for purposes of raises and promotions.
B) choose among alternative courses of action.
C) maximize output.
D) estimate costs.
E) control operations.
Correct Answer:

Verified
Correct Answer:
Verified
Q2: The determination of cost behavior is called
Q3: A staff assistant at Warrington Corporation recently
Q4: The slope of a regression line measures
Q5: Lichtenstein Imports needs to determine the variable
Q6: Blaster, Inc. recently conducted a least-squares regression
Q8: Sophie Corporation recently produced and sold 100,000
Q9: In the least-squares regression method, the cost
Q10: Variable costs change in direct proportion to
Q11: Which of the following is not an
Q12: Cost that are nearly variable, but increase