A graph used to analyze past cost behaviors by displaying costs and unit data for each period as points on the diagram is called a:
A)Least-squares diagram.
B)Step-wise diagram.
C)Scatter diagram.
D)Break-even diagram.
E)Composite diagram.

Question

Quizplus · Accepted Answer

The graph described is a scatter diagram, which is commonly used in cost accounting to analyze past cost behaviors by displaying costs and unit data as points on the diagram. The other options - least-squares diagram, step-wise diagram, break-even diagram, and composite diagram - are not commonly used in this context.

A Graph Used to Analyze Past Cost Behaviors by Displaying