Which of the following is not correct concerning the account analysis method?
A) It uses estimated costs to predict future costs.
B) It requires insight of the nature of the costs.
C) It requires that mixed costs be separated into their variable and fixed components.
D) It is scalable.

Question

Which of the following is not correct concerning the account analysis method?
A) It uses estimated costs to predict future costs.
B) It requires insight of the nature of the costs.
C)  It requires that mixed costs be separated into their variable and fixed components.
D) It is scalable.

Quizplus · Accepted Answer

It uses actual costs to predict future costs, not estimated costs.

Which of the Following Is Not Correct Concerning the Account