The high-low method can be used to approximate a cost function.A disadvantage of this method is ________.
A)the choice of the high and low points is subjective
B)it is difficult to use
C)it provides information about the reliability of the cost estimates
D)it requires less past cost data than account analysis

Question

Quizplus · Accepted Answer

The disadvantage of the high-low method is that the choice of high and low points is subjective and may lead to a biased or inaccurate cost estimation.

The High-Low Method Can Be Used to Approximate a Cost