When using cost prediction methods, output
A) always establishes a cause-and-effect relationship if positively correlated.
B) reliability depends on thoughtful, rational relationships between cost drivers and their costs.
C) Is dependable regardless of the input as long as a regression method is use.
D) Is less reliable if a regression method is used instead of a high-low or account analysis method.

Question

Quizplus · Accepted Answer

The reliability of cost prediction methods depends on the thoughtful and rational relationships between cost drivers and their costs, ensuring that the model accurately reflects the underlying cost behavior.

When Using Cost Prediction Methods, Output