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.

Question

Quizplus · Accepted Answer

The high-low method and least-squares regression are techniques used to analyze cost behavior and estimate costs based on past data, making D the correct choice.

The High-Low Method and Least-Squares Regression Are Used by Accountants